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$FRAN now expects FY16 net sales of $473-488MM, assuming a low-single digit decrease to a low single-digit increase in comparable sales compared to the prior year increase of 3%. The company expects to open 55 to 65 boutiques and close 6 to 10 underperforming boutiques in FY16 compared to 83 new boutiques opened and 6 boutiques closed in FY15.
$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 !!