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Software giant $MSFT said its 3Q16 Intelligent Cloud operating income fell $345MM or 14%, primarily due to higher OpEx and lower GM. OpEx rose $267MM or 13%, mainly due to higher R&D expenses of $150MM or 22%, driven by increased investments in the company's cloud platform, including headcount-related expenses.
$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 !!