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David MacGregor of Longbow Research wants to know about the impact of startup costs on $MHK's 2Q16 margins. CEO Jeff Lorberbaum replied that startup costs in 2Q16 were about $4MM and the company is estimating about another $3-5MM in startup through 2H16.
$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 !!