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$URBN, a lifestyle retail company, reported lower 4Q16 results, hurt by underperforming apparel sale and lower gross profit. $URBN said net income fell 9.3% to $72.88MM, or $0.61 per share from $80.3MM or $0.60 per share a year ago. Revenue was flat YoverY at $1.01Bil. For the quarter, gross profit fell 12 BP.
$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 !!