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Oil producer $CVX reported a 2Q16 loss of $1.47Bil or $0.78 per share compared to $571MM or $0.30 per share last year, due to lower oil prices and a decrease in revenues. The latest quarter loss included $2.8Bil impairments and other non-cash charges. Total revenues dropped to $29.28Bil from $40.36Bil.
$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 !!