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Electronics manufacturer $JBL reported a drop in 4Q16 earnings due to lower revenues as well as a rise in amortization of intangibles and restructuring charges. Net income fell to $38.07MM or $0.20 per share from $87.7MM or $0.45 per share last year. Revenue dropped to $4.43Bil from $4.68Bil. Core EPS tumbled to $0.28 from $0.53.
$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 !!