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$PBCT, the holding company for People's United Bank, reported a 11% growth in 2Q16 earnings on higher net interest income and rise in non-interest income. Net income rose to $68.5MM or $0.23 per share from $61.7MM or $0.20 per share last year. Net interest income grew to $240MM from $230.4MM and non-interest income rose to $85.4MM from $83MM.
$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 !!