Want to join the conversation?
$TUES said that 4Q16 SG&A expenses were $85.3MM, up 10.5% vs. 4Q15. As a percent of net sales, SG&A rose 200 BP to 38.3% vs. 36.3% in 4Q15. This increase was driven mainly by higher store rent and depreciation, due in part to the company's strategy to improve store real estate, as well as increase store labor and advertising cost.
$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 !!