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The world's biggest hamburger chain $MCD reported a 9% decline in 2Q16 earnings due to non-cash impairment charges related to ongoing refranchising, general and administrative initiatives and headquarters relocation. Net income fell to $1.09Bil or $1.25 per share from $1.2Bil or $1.26 per share last year. Revenues slid 4% to $6.27Bil.
$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 !!