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Engine maker $CMI reported a drop in 1Q16 earnings due to lower sales across its segments. Net income fell to $321MM or $1.87 per share from $387MM or $2.14 per share last year. Net sales dropped 9% to $4.29Bil, due to lower output in the North American heavy-duty truck market and weak global demand for off-highway and power generation equipment.
$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 !!