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Factory automation equipment maker $EMR reported a 34% drop in 1Q16 earnings due to volume deleverage and unfavorable mix as well as lower oil prices. Net income fell to $349MM or $0.53 per share from $525MM or $0.75 per share last year. Sales slid 16% to $4.71Bil. Adjusted EPS decreased by 25% to $0.56.
$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 !!
$SGY is expected to achieve $6.17 price target in next year, with a minimum target of $3.00, due to the price increase of 27.85% to $6.29 during the last trading session.