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$IPG said that it ended 1Q16 with $680MM in cash and short-term marketable securities. Cash used in operations was $649MM vs. $781MM in 1Q15, while cash used in working capital fell to $690MM vs. $785MM in 1Q15. Financing activities used $158MM mainly for common stock dividend of $60MM and $54MM for share repurchases.
$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 !!