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Chipmaker $SMTC reported a 2Q17 profit of $8.98MM or $0.14 per share compared to a loss of $0.31MM or breakeven per share last year, on higher sales. Net sales grew 8% to $135.91MM. Non-GAAP EPS increased to $0.35 from $0.24. CEO Mohan Maheswaran said results were driven by strong demand from the Datacenter, IOT and Smartphone markets.
$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 !!