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Durable Goods Orders: Unfilled orders of manufactured durable goods in June, up following two consecutive monthly decreases, increased $1Bil or 0.1% to $1,195.8Bil. This followed a 0.5% May decrease. Inventories of manufactured durable goods in June, up twenty-four of the last twenty-five months, increased $1.6Bil or 0.4% to $402.3Bil.
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.