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Auto insurance company $MCY reported a jump in 2Q16 earnings driven by higher revenues as well as net realized investment gains. Net income rose to $48.87MM or $0.88 per share from $9.64MM or $0.17 per share last year. Total revenues grew to $858.0MM from $726.17MM. Operating EPS dropped 45.3% to $0.35.
$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 !!