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$HAS said its cash totaled $924MM at 2Q16-end. The company generated $585MM in cash over the past 12 months. Absent the impact of ForEx, receivables increased approx. 3% versus the 12% revenue growth absent FX. DSO decreased 8 days to 72 days, driven by the timing of revenue and collections in 2Q16, as well as the bad debt provision took 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 !!