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Deutsche Bank analyst Matthew O'Connor questions $BAC on what drove the timing of the three-year expense outlook. CEO Brian Moynihan says that people thought that the company could not continue the rate of investment and continue to bring down expenses. So, it is now the more general expense base that $BAC is working on.
$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 !!