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Schaumburg, Illinois-based $MSI said the company expects operating expenses to be $1.45Bil for FY16, down $120MM vs. 2015, inclusive of Airwave. Also for FY16, adjusted EBITDA is expected in the range of $1.62-1.66Bil, an increase of approx. 25%. Operating cash flow is expected to be $1.1-1.2Bil and free cash flow of $825-900MM for FY16.
$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 !!