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In 1Q16, $EW recorded $12.2MM in intellectual property-related expenses. Reported tax rate was 22% in the quarter. FX rates decreased 1Q16 sales by $9MM versus 1Q15. At current rates, company estimates minimal FX impact to 2016 sales versus 2015. FX rate had less than a $0.01 impact on EPS in 1Q16.
$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 !!