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Maker of connectivity and sensor solutions $TEL posted lower 2Q16 net income of $380MM or $1.03 per diluted share vs. $599MM or $1.45 per diluted share in 2Q15, hurt by lower income tax benefit. Adjusted EPS was $0.90 during 2Q16. Total net sales fell 4.22% to $2.95Bil vs. $3.08Bil in 2Q15, hurt by lower sales results in the three segments.
$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 !!