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$SLB, the the world's largest oilfield services company, reported a quarterly loss and announced job cuts as a slump in oil prices hurt demand. The company reported 2Q16 loss of $2.16Bil, or $1.56 a share, compared with a profit of $1.12Bil, or $0.88 per share, a year earlier. Revenue fell 20% to $7.16Bil.
$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 !!