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Chocolate manufacturer $HSY had net sales of $1.82Bil in 1Q16, a decline of 5.6% versus 1Q15. Excluding a 1.2% impact from unfavorable FX, net sales fell 4.4%. Reported GM decreased 180BP in 1Q16. Non-GAAP GM increased 20BP in 1Q16 due to supply chain productivity and cost savings initiatives as well as lower commodity costs.
$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 !!