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The US manufacturer of aerospace parts $HON reported a 7% rise in its 3Q15 profit, but its revenue declined 5% to $9.61Bil. 3Q15 net income was $1.26Bil or $1.60 per share compared to $1.17Bil or $1.47 per share in the year-ago period. Expenses fell about 7% in the quarter, while operating margins rose to 18.3% from 16.2%, a year earlier.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$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.