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Motion picture exhibitor giant $CNK reported higher 1Q16 results, helped by a strong growth in its admissions business. The company reported earnings of $58.5MM, or $0.50 per share for the latest reported quarter, compared to $42.5MM, or $0.37 per share for the year ago period. Revenue rose 9.2% to $704.9MM with admissions revenue rising 9%.
$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 !!