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At Sept. 30, 2015, $T had posted collateral of $1.81Bil which is a deposit asset and held collateral of $379MM which is a receipt liability. Under the agreements, if credit rating had been downgraded one rating level by Fitch Ratings, before the final collateral exchange in Sept., $T would have been required to post additional collateral of $105MM.
$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 !!