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In 2Q16, $ZION's non-interest expense fell 4.3% from 2Q15, and adjusted for items like severance, the decline was 2.6%. Decline in non-interest expense was mainly due to decline in salary and benefits. Specifically, severance fell $3MM; stock-based compensation and retirement plan matching fell $9MM, and payroll taxes fell $4MM versus 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 !!