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Beauty products company $EL reported a 38% drop in 4Q16 earnings due to higher costs and expenses. Net income fell to $95MM or $0.25 per share from $153.8MM or $0.40 per share last year. Net sales rose 5% to $2.65Bil. Adjusting for restructuring and other charges, EPS for 4Q16 was $0.43 and in constant currency grew 11% to $0.44.
$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 !!