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Provider of online accounting software $INTU posted lower 4Q16 earnings due to higher R&D and G&A expenses. Net loss was $40MM or $0.16 loss per share vs. net income of $14MM or $0.05 per diluted share in 4Q15. Revenue rose 8% to $754MM vs. 4Q15, helped by higher revenue results in Small Business and Consumer Tax and ProConnect segments.
$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 !!
$SGY is expected to achieve $6.17 price target in next year, with a minimum target of $3.00, due to the price increase of 27.85% to $6.29 during the last trading session.