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Steel and metal products maker $CMC reported a rise in 2Q16 earnings driven by narrower loss from discontinued operations, despite a decrease in sales. Net income rose to $10.5MM or $0.09 per share from $6.2MM or $0.05 per share last year. Net sales fell to $1.02Bil from $1.39Bil. Adjusted EPS for 2Q16 was $0.15.
$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 !!