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Paul Benedict Sankey of Wolfe Research asks about $OXY's assumption of an oil price rebound. Previously it was the $50 range which used to give $OXY the confidence to add new rigs, the analyst mentions. CEO Hollub says the company expects it to be $50 or above in 2017. "Certainly, we are not as bullish as some people," he adds.
$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 !!