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Ben Swinburne of Morgan Stanley asks for an update on 3Q16 churn. CEO Reed Hastings said $NFLX has seen it persist through 2Q16 and into the early part of 3Q16. He added that the company is assuming that persists into 3Q16 and perhaps into 4Q16 as it continues to un-grandfather.
$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 !!