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Financial services company $ETFC reported a lower quarterly profit, hurt by lower income tax provision. For 2Q16, the company posted earnings of $133MM, or $0.48 per share. This compares to net income of $153 million, or $0.53 per diluted share, in the prior quarter. Total net revenue of $474MM increased from $472MM a year ago.
$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 !!