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Betsy Graseck of Morgan Stanley asks about restructuring in 1Q16; if the $500MM coming entirely through by end of FY16. $C CFO John Gerspach said that the company will get $400MM of that in the last three quarters of the year so that the re-positioning taken in 1Q16 largely will repay itself in FY16 results.
$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 !!