Want to join the conversation?
Railroad operator $NSC reported a decline in 2Q16 earnings due to a 10% drop in revenues, hurt by reduced volumes and lower fuel surcharge revenues. Net income slid to $405MM or $1.36 per share from $433MM or $1.41 per share last year. Total railway operating revenues fell to $2.45Bil from $2.71Bil. overall volume dropped 7% to 1.8MM units.
$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 !!