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Engineering services provider $FLR posted a decline in its 1Q16 results, hurt by $22MM pre-tax expenses associated with the recent acquisition of Stork.Net income during 1Q16 fell to $104MM, or $0.74 per share compared to $144MM, or $0.96 per share during 1Q15. Revenue came in at $4.42Bil, down 3%. Excluding items, $FLR earned $0.85 per share.
$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 !!