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For 2016, $DOV expects to generate free cash flow of about 11% of revenue. At the midpoint of guidance, adjusted segment margin is expected to be around 15%. Corporate expense is expected to be $108MM. Fluids organic revenue is expected to fall 4-5%. Refrigeration & Food Equipment organic revenue outlook has been reduced 1 point at the high end.
$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 !!