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Corrugated packaging company $WRK posted lower 3Q16 earnings vs. 3Q15 due to higher restructuring and other costs in the quarter. Net income was $92.3MM or $0.36 per diluted share vs. $156.4MM or 1.10 per diluted share in 3Q15. Revenue fell 2.8% to $3.6Bil vs. 3Q15, hurt by lower revenues in Corrugated Packaging and Consumer Packaging 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 !!