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$SWKS's gross profit rose 52% in FY15 compared to FY14. The increase was primarily the result of higher unit volumes, lower overall per unit material & manufacturing costs with an aggregate gross profit benefit of $687.8MM. In FY15 factors helping gross profit growth helped gross profit margin to increase to 47.7% of net revenue from 44.6% in FY14.
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.