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Net sales for $CPB on an as reported basis, declined 9% to $1.7Bil primarily due to the impact of one less week and negative impact of currency translation. Excluding these and the recent acquisition of Garden Fresh Gourmet, organic net sales increased 1% as CPB benefited from higher selling prices. Adjusted EBIT increased 5% to $234MM.
$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 !!