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New York City-based integrated oil company $HES posted 1Q16 net loss of of $509MM or $1.72 loss per share vs. net loss of $389MM or $1.37 loss per share in 1Q15. Adjusted loss per share was $1.72 in the quarter. Total revenues and non-operating income fell 56% to $993MM vs. $1,550MM in 1Q15, hurt by lower sales and operating revenues.
$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 !!