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In 4Q16, $MDT said that it repaid approx. $2.7Bil of debt, utilizing a part of the $10Bil cash that was untrapped in a transaction last Sept. Non-GAAP normal tax rate on cash basis was 14.6%, which included an approx. $40MM benefit from the reversal of valuation allowance related to foreign net operating losses from Interventional Spine business.
$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 !!