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Oregon-based sports apparel company $NKE is on track to generate $7Bil in revenue from its e-commerce business by the end of fiscal year 2020. In 2Q16, Nike.com business grew nearly 50% on a constant currency basis. $NKE expanded its e-commerce footprint in Canada, Switzerland and Norway in 2Q16 and will expand to Mexico, Turkey and Chile in 3Q16.
$DB is going to cut off services for about 3,400 clients in equities trading.
$F stock slid more than 2% after the company issued two safety recalls involving more than 650,000 Ford Fusion and Lincoln MKZ model cars.
The new CEO of $SBUX, Kevin Johnson, has some pretty large shoes to fill but there are many who have good faith in his ability to do so.
$TSLA opening a showroom in Michigan. A bold move !!