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Morgan Stanley analyst David Lewis probes $MDT regarding FY17 free cash guidance, on the size and timing of anticipated buybacks and potential cash rates. CFO Gary Ellis says that free cash flow guidance will be $6.5-7.0Bil for FY17. The company is going to be more front-end loaded in share buybacks and tax rate is going to be relatively flat.
$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 !!