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Betty Chen of Mizuho Securities asks about trends in the outlet channel. CEO David Kornberg said $EXPR is pleased with the outlet performance in 1Q16. Comps decelerated in outlets at the same time as frontline retail but the general performance was good. The performance in men's and women's have been consistent in outlet.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$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.