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Baltimore, Maryland-based asset management firm $LM said it saw short-term performance improve in 4Q16, especially at Brandywine and Royce. The company saw equity flows of Royce and ClearBridge slow. The acquisitions resulted in a number of accounting charges and short-term complexity around the P&L.
$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 !!