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For 2016, $MMM expects foreign currency translation to remain a headwind thereby reducing sales in US dollars by 1-3%. Acquisitions, net of divestitures will add 1% to sales growth in this period. The company expects 2016 tax rate to be 29.5-30.5% and free cash flow conversion rate to be 95-105%.
$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 !!