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Oil and natural gas company $XOM reported a 59% dip in 2Q16 earnings due to sharply lower commodity prices, weaker refining margins and continued strength in the Chemical segment. Net income fell to $1.7Bil or $0.41 per share from $4.19Bil or $1.00 per share last year. Total revenue dropped to $57.69Bil from $74.11Bil.
$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 !!