Want to join the conversation?
Diversified power generation company $AES reported 1Q16 net income of $74MM or $0.19 compared to $254MM or $0.20 in 1Q15. Revenue was $3.5Bil versus $4Bil in the previous year. 1Q16 adjusted EPS fell $0.12 to $0.13, due in part to an increase of $0.04 in tax expense, reflecting an adjusted effective tax rate of 50% versus 33% in 1Q15.
$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 !!