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Ethanol producer $REX reported a decline in 1Q16 earnings due to lower crush spreads and reduced distiller grain pricing as well as the recognition of about $0.5MM less from interest in Patriot. Net income fell to $2.84MM or $0.43 per share from $3.93MM or $0.50 per share last year. Net sales and revenue declined to $100.22MM from $105.2MM.
$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 !!