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$EL, which competes with $AVP & $REV, said while it remains on track to deliver $200MM of cost savings in 2016, the company will also continue to look for ways to further improve leverage in the future. EPS growth is expected to be 10-12% in constant currency. $EL expects 3Q16 sales to rise 6-7% in constant currency, with 70 BPs from acquisitions.
$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 !!