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$JCP 2Q15 PR: Net sales for the quarter increased 2.7% to $2,875MM compared to $2,799MM in 2Q14. Same store sales increased 4.1% for the period. Net loss for the quarter decreased 19.8% to $138MM compared to $172MM in 2Q14. Gross margin improved 100 BPs to 37% of sales, driven by improvements in clearance and promotional selling margins.
$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 !!