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$NTAP said it is driving to achieve a gross run rate savings of $400MM across both cost of revenue and OpEx by the end of FY17. The company will reinvest some of these savings into strategic opportunities such and SolidFire and other initiatives using a net run rate savings of roughly $130MM by the end of FY17.
$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 !!