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Medical device company $MDT posted higher 3Q16 net income of $1,095MM or $0.77 per diluted share vs. $977MM or $0.98 per diluted share in 3Q15, helped by lower provision for income taxes. Non-GAAP diluted EPS was $1.06, down 1% vs. 3Q15. Worldwide revenue rose 6% to $6.934Bil vs. 3Q15 where foreign currency translation negatively impacted revenue.
$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 !!