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Payment services company $DFS reported an increase in 2Q16 earnings helped by revenue growth and a non-recurring tax benefit of $44MM which contributed $0.11 to diluted EPS. Net income was $616MM or $1.47 per share in 2Q16 compared to $599MM or $1.33 per share in 2Q15. Revenue, net of interest expense, grew to $2.21Bil from last year.
$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 !!
$SGY is expected to achieve $6.17 price target in next year, with a minimum target of $3.00, due to the price increase of 27.85% to $6.29 during the last trading session.