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$WDR said Daniel Scherman, most recently Chief Risk Officer and Portfolio Manager at $JNS, will be CRO of its investment adviser subsidiaries, Waddell & Reed Investment Company and Ivy Investment Company. Scherman will report to John Sundeen, Jr., Chief Administrative Officer, Investments, and will indirectly report to upcoming CEO Philip Sanders.
$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 !!