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Discount store operator $DLTR reported a net income of $170.2MM or $0.72 per share in 2Q16 compared to a net loss of $98MM or $0.46 per share in 2Q15 helped by higher sales and margins. Net sales grew 65.9% to $5Bil from last year, driven by sales from both the Family Dollar stores and the new Dollar Tree stores and same-store sales increases.
$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 !!