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Top breakfast cereal maker $GIS said that its cost-saving initiatives, which include projects Century, Catalyst, and Compass, as well as administrative cost savings from zero-based budgeting, generated $350MM in total annual savings in FY16, ahead of original target. The company is increasing its total annual savings target to $600MM by FY18.
$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 !!