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Mining equipment maker $JOY reported drop in 3Q16 earnings due to lower sales volumes, unfavorable product mix, lower manufacturing absorption, restructuring charges and merger costs . Net income fell to $0.13MM or breakeven per share from $51.34MM or $0.52 per share. Net sales dropped 26% to $586.55MM. Adjusted EPS decreased to $0.10 from $0.59.
$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 !!