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Norcross, Georgia-based $WRK said it made progress on the achievement of its synergy and performance improvement goals by realizing $350MM in annual run-rate savings as of the end of 2Q16. The company expects to be at an annualized run rate of $450-500MM by the end of 2016. In addition, $WRK maintains its 2016 free cash flow guidance of $0.95-1Bil.
$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 !!