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$XRX CEO Ursula Burns said that the company has launched a strategic transformation program, targeting incremental savings of $600MM over three years. This brings the company-wide total cumulative savings target to $2.4Bil over the three year period, said Burns. In 2016, $XRX expects a total of $700MM in annualized savings.
$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 !!