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At March 31, 2016, $CI had $2Bil in cash and marketable investments available at the parent company level. For the remainder of 2016, the parent company's combined cash obligations are expected to be approx. $295MM, primarily for commercial paper maturities & interest. The parent company also has $250MM of debt obligations that will mature in 1Q17.
$AGIO plunge 15%.. what's happening... is this going for a toss !
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$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.