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David Cohen of Midwood Capital asks for an update on $SXI's tax rate. CFO Tom DeByle replied that the company had a 13.9% GAAP tax rate. The company's base rate is basically 35% and its foreign rate is around 23%, and $SXI expects to get back to historic norms of about 29% in 2017, added Tom.
$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 !!