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San Ramon, California-based $CVX said its U.S. upstream operations incurred a loss of $1.95Bil in 4Q16, compared to earnings of $432MM from a year earlier. U.S. downstream operations earned $496MM, compared with earnings of $889MM a year earlier. Total Upstream incurred a loss of $1.36Bil while total Downstream earned $1.0Bil in the quarter.
$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 !!