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Commercial property and casualty insurance company $L reported a 2Q16 loss of $65MM or $0.19 per share, compared to a profit of $170MM or $0.46 per share last year, due to $680MM asset impairment charge at Diamond Offshore related to carrying value of 8 drilling rigs. Revenues fell to $3.31Bil from $3.44Bil.
$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 !!