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Gregg Gilbert of Deutsche Bank asks about normalized run rate without wholesaler buying patterns. $LLY said on the animal health side, it had a SAP cutover in the US business which impacted 2Q16. Normalizing this, 2Q16 revenues grew 2% YoverY. YTD, excluding this, the 4% sales growth would normalize to 3%.
$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 !!