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Retail boutiques chain $FRAN posted higher 4Q15 net income of $14.7MM or $0.35 per diluted share vs. $6MM or $0.14 per diluted share in 4Q14. Adjusted diluted EPS was $0.36 in the quarter. Net sales rose 25% to $0.134Bil vs. $0.107Bil in 4Q14, helped by a 11% increase in comparable sales in 4Q15, as well as the opening of 83 boutiques during FY15.
$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 !!