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$CMA 2Q15 Call: Net charge offs continue to be well-below normal levels, at 15 bp or $18MM. Reserve to total loans ratio increased to 1.24%. Noninterest income up $6MM or 2% to $261MM, reflecting increases in card fees. Noninterest expenses down $23MM to $436MM. Stock and warrant repurchases combined with dividends returned $96MM to shareholders.
$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 !!