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$MTSC said that revenue impact in 2Q16 was timing related and the company expects it will rebound in 2H16. The company said that it is eliminating 55-65 positions, primarily in the corporate organization and selectively in Test business unit. $MTSC expects to generate around $2.5-3.0MM in 2H16 and around $9MM annually through cost saving efforts.
$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 !!