Want to join the conversation?
Credit card issuer and bank $COF reported a rise in 2Q16 earnings driven by lower operating expenses as well as a 10% growth in net revenues. Net income rose to $942MM or $1.69 per share from $863Bil or $1.50 per share last year. Revenue grew to $6.25Bil from $5.67Bil, on strong growth in Domestic Card business.
$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 !!