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$CSCO announced a restructuring plan in Aug. 2014 ("Fiscal 2015 Plan") in order to realign its workforce towards key growth areas of its business such as data center, software, security, and cloud. At the end of 2Q16, the company has incurred cumulative charges of approx. $725MM in connection with this plan, which is now substantially completed.
$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 !!