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For FY17, $SYMC expects revenue to be up 11-13% to $4.040-4.120Bil and operating margin to be 26-28%. EPS is expected to be $1.08-1.14 with tax rate of 29% and fully diluted average share count of 616MM. $SYMC plans to enter FY18 with an operating margin of 30%. Company expects EPS of $1.70-1.80 for FY18.
$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 !!