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$FLS, a maker of pumps, valves and seals, said that the company had now combined its $350MM accelerated manufacturing optimization strategy, which was announced in 4Q15 and the nearly completed $50MM SIHI realignment effort into a single initiative. $FLS expects to generate $230MM in annualized cost reductions, once completed at the end of 2017.
$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 !!