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$CSC said Global Business Service (GBS) revenue was $941MM in 4Q16. Adjusted operating income for GBS was $104MM in 4Q16, and operating margin was 11.1% compared with 16.3% in 4Q15. GBS bookings were $1.1Bil in the quarter for a book-to-bill of 1.2x. For 2016, GBS revenue was $3.6Bil, operating margin was 11.6% and bookings were $4.3Bil.
$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 !!