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Analog chip maker $LLTC said that 3Q16 GM rose to 76.2% from 75.7% in 3Q15, benefiting from the higher sales base of full quarter production in fabs and certain other manufacturing efficiencies. Operating margin rose to 45% of sales from 43.1% in 3Q15, helped by the higher GM and one less week of OpEx as $LLTC had 14 weeks in 2Q16.
$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 !!