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$PRGS said its cash, cash equivalents and short-term investments were $229.1MM at the end of 2Q16. Under the previously announced authorization by the BoD to repurchase up to $200MM of shares of common stock, the company repurchased 1.9MM shares for $48.3MM during 2Q16. DSO was 45 days, compared to 50 days in 2Q15.
$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 !!