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During 3Q16, $TSN's Prepared Foods operating income was $197MM with a 10.9% operating margin. Sales dollars for this segment were flat and lower average selling price resulted from decreased raw material costs and successful pricing strategies to drive volume. The company captured $116MM in synergies in this segment with $37MM incremental to 3Q15.
$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 !!