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$WFC 2Q15 Call: On the energy portfolio shrinkage, I would describe the reduction in principle balance as borrowers taking their balance down just to conform with their borrowing base reduction, and that was about $700MM of reduction in 2Q. We don’t anticipate loan balances to be terribly brisk leading to higher outstanding at WFC in 2H15.
$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 !!