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U.S. regional bank $FITB reported an increase in quarterly earnings as higher investment securities and loan balances boosted net interest income. The company reported 2Q16 earnings of $329MM, or $0.40 per share, up from $309MM, or $0.36 per share a year ago. Net interest income rose by $16MM to $908MM.
$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 !!