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$MS said ROE was 8.3% in 2Q16 which demonstrates progress towards the 2017 target. The company received the non-objection from the Federal Reserve on its 2016 capital plan. This approval enables $MS to increase dividend to $0.20 per quarter and to repurchase up to $3.5Bil in common stock over the next 12 months starting in 3Q16.
$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 !!