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$PRGS said it expects FY16 non-GAAP revenue in the range of $412-418MM and 3Q16 non-GAAP revenue of $103-106MM. Non-GAAP EPS is expected in the range of $1.57-1.63 in FY16, and $0.43-0.46 in 3Q16. For FY16, the company expects effective tax rate on a non-GAAP basis of 32-33%. $PRGS expects non-GAAP adjusted free cash flow of $80-85MM in FY16.
$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 !!