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Provider of collegiate housing communities $EDR posted higher earnings during 2Q16 due to higher operating income results of 6.1%. Net income was $17.6MM or $0.26 per diluted share vs. $2.9MM or $0.06 per diluted share in 2Q15. Revenue rose 13% to $16.14MM vs. 2Q15, helped by increased collegiate housing leasing revenue in 2Q16.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$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.