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$CATO's sales were $76.2MM for the five weeks ended Oct. 1, 2016, down 8% from the five weeks ended Oct. 3, 2015 period. Same-store sales for the five-week period decreased 9% from the prior year. CEO John Cato stated that Sept. same-store sales were well below the company's expectations. During Sept., $CATO opened one store and closed one store.
$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 !!