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$M said that it is undertaking series of cost-efficiency and process improvement measures to be implemented beginning in early 2016 that will reduce SG&A expense by about $400MM while still investing in growth strategies. The actions represent progress toward the company's goal of re-attaining an EBITDA rate as a percent of sales of 14%.
$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 !!