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Software development company, $ORCL today reported 1Q16 GAAP diluted EPS of $0.40, misses its previous guidance of $0.42-0.45 per share. $ORCL's 1Q16 total revenues were $8,448MM, down 2% in U.S. dollars but up 7% in constant currency from 1Q15. Net Income declined 20% in U.S. dollars and 8% on a constant currency basis from 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 !!