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$PAYX 4Q15 Call: Operating margin was 35%. Operating income, net of certain items, was up 11% to $241MM for 4Q15 & 7% to $1Bil for FY15. Company’s operating margin is typically lower in the second half of the year. Net income was up 10% to $161MM for 4Q15 & 8% to $675MM for FY15. Diluted EPS was up 10% to $0.44 in 4Q15 & was up 8% to $1.85 in FY15.
$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 !!