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Deane Dray of RBC Capital Markets probes on the lowered tax expectation. CFO Nicholas Gangestad answered that increased employee stock option exercises brought $MMM's tax rate down lower than what it was expecting for 2Q16. Because of this, the company lowered its tax rate guidance for the entire year.
$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 !!