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$KNDI 2Q15 Call: G&A expenses were $3.8MM, up 21.2% YoverY. JV Financials: net sales was $68.9MM; gross profit was $10.7MM; and the net profit was $1.6MM. KNDI recorded 50% of JV company profit, which is $0.8MM for 2Q15. Stock compensation expense increased by $2.5MM vs. 2Q14. Cash used in operating activities was $3.2MM vs. $34.1MM in 2Q14.
$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 !!