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Power company $SO reported a 9% rise in 2Q16 earnings on higher revenues. Net income rose to $638MM from $629MM last year, while EPS slid to $0.68 from $0.69 due to lower shares outstanding. Adjusted EPS grew to $0.77 from $0.71, driven by retail revenue effects and lower non-fuel operating and maintenance costs. Revenue rose 2.7% to $4.45Bil.
$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 !!