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Stifel Nicolaus analyst John Baugh asks about the pressure LVT is putting on laminate by suggesting that capacity is in Europe and not in the US. $MHK CEO Jeffrey Lorberbaum said that laminate is focused on the mid-to-high range of business. $MHK is introducing new higher styled products made by different equipments which is gaining share.
$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 !!