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During 3Q16, $TYC recorded a loss of $59MM as a result of the anticipated sale of a business in the Rest of World Integrated Solutions & Services segment that generates approx. $160MM in annual revenue. Restructuring and repositioning charges were $15MM before the reversal of $2MM of prior-period charges treated as special items for the quarter.
$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 !!