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Lodging REIT company $HST reported a 35.7% drop in earnings due to higher costs and expenses, and lower gain on sale of assets. Net income fell to $163MM or $0.22 per share from $254MM or $0.33 per share last year. Revenue rose to $1.33Bil from $1.32Bil. NAREIT FFO per share slid by 7.5% and adjusted FFO per share declined by 2.5%.
$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 !!