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Financial services company $PFG reported a 11% decline in 1Q16 earnings due to lower operating earnings and unfavorable equity market. Net income slid to $368MM or $1.25 per share from $414.2MM or $1.39 per share last year. Operating revenue grew by 15% to $2.94Bil. Operating EPS decreased to $0.97 from $1.09.
$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 !!