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$MS' compensation expense for 2Q16 fell to $4Bil from $4.4Bil in the previous year quarter, partially driven by lower revenues. Non-compensation expenses declined to $2.4Bil from $2.6Bil a year ago. CEO James Gorman said $MS' results reflect solid performance in an improved but still fragile environment.
$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 !!