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$MS's Institutional Securities net revenues were $3.7Bil in 1Q16, down from $5.5Bil in 1Q15. Wealth Management net revenues were $3.7Bil compared to $3.8Bil a year ago. Investment Management reported net revenues of $477MM compared to $66MM last year, reflecting losses in private equity and real estate and stable asset management fees.
$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 !!