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$ADI said inventory on a dollars basis fell $5MM sequentially and on a days basis grew to 138 days. The company expects both dollars and days of inventory to decrease over the next two quarters. Inventory and distribution on a dollars basis was modestly higher than 1Q16 and weeks of inventory in distribution fell to 7 weeks from 7.5 weeks in 1Q16.
$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 !!