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$JPM said that 2Q16 revenue of $25.2Bil was up $700MM YonY on higher net interest income. For the full year, the company expects NII to be up more than $2Bil guided at Investor Day, despite headwinds from a flatter yield curve. Non-interest revenue was flat YonY with an increase in market revenues. Adjusted expense was $14.1Bil, down $140MM.
$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 !!