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New York City-based $NWS $NWSA said 3Q16 results were affected by a $280MM pretax charge at News America Marketing to resolve a legacy lawsuit and related claims. Continued currency headwinds impacted revenue by $72MM and EBITDA by $9MM. Excluding these factors and other special items, revenue and total segment EBITDA fell 5% and 8% respectively.
$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 !!