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$WDC's research and development, or R&D, expense for 1Q16 decreased by 12% from last year. This decrease was primarily result of additional week of operating expenses during 1Q15 and lower incentive compensation in 1Q16 as compared to last year. As a percentage of net revenue, R&D expense rose to 11.5% from 11.1%.
$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 !!