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$XL 2Q15 Q&A: Pan from Morgan Stanley asked about expense ratio, how much that is the accounting adjustments impacted overall for XL. Pete replied there is about $15MM adjustment in amortization expense that hits the commission & brokerage line for the quarter. I’d expect that to decline slowly over time until it expires in quarter five or six.
$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 !!