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Internet and telecommunications company $LVLT reported a jump in 4Q15 earnings driven by about $3.3Bil non-cash benefit related to its valuation allowance against deferred tax assets. Net income rose to $3.32Bil or $9.24 per share from $66MM or $0.21 per share last year. Revenue grew to $2.05Bil from $1.91Bil. Pro forma EPS was $0.53 for 4Q15.
$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 !!