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Luxury fashion company $COH posted 2Q16 GAAP net income of $170.1MM and diluted EPS was $0.61 vs. $183.5MM or $0.66 per diluted share in 2Q15. 2Q16 The earnings included the contribution from Stuart Weitzman. Non-GAAP EPS was $0.68 for the quarter. Net sales were $1.27Bil, up 7% in constant currency and up 4% on a reported basis vs. 2Q15.
$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 !!