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Morgan Stanley analyst Matthew Granger asks $K how improving mix & revenue management will bridge the gap to get to 18% target of expense savings. $K says that looking to 2017-2018, it has cost savings of between $130-150MM. $K is putting effort behind revenue growth management to generate stronger price & mix to achieve the margin expansion goal.
$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 !!