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Marc Astrachan of Stifel asks about $EL's acquisition strategy and whether the purchase of small brands makes sense. CEO Fabrizio Freda said $EL purchases small brands to build its portfolio. He added that the strategy is to acquire the brands that fill the strategic opportunities in the company's portfolio and $EL will continue with this strategy.
$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 !!