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Financial services company $COF said that it had higher revenues and lower marketing and operating expenses in 1Q16. In domestic card business, revenue grew 12% from prior year quarter. $COF exited back book of payment protection products at 1Q16-end. Because of this, the company expects contribution to revenue margin from this to be zero in 2Q16.
$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 !!