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Truck maker $PCAR reported a rise in 2Q16 earnings driven by a $109.6MM favorable adjustment to charge related to settlement of the European Commission investigation. Net income rose to $481.3MM or $1.37 per share from $447.2MM or $1.26 per share last year. Revenues fell to $4.41Bil from $5.08Bil. Adjusted EPS for 2Q16 was $1.06.
$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 !!