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Utility holding company $PCG reported a rise in 1Q16 earnings driven by higher operating revenues and a rise in income tax benefit. Net income rose to $107MM or $0.22 per share from $31MM or $0.06 per share last year. Operating revenues grew to $3.97Bil from $3.9Bil. Non-GAAP EPS decreased to $0.82 from $0.87.
$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 !!