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$OCLR said, effective Aug. 22, it has completed exchanges for all $65MM of its 6% notes due 2020. Between Aug. 8 and Aug. 18, $OCLR entered into agreements pursuant to which it issued 34,659,972 shares, par value $0.01 per share, and paid $4.7MM in exchange of its 6% notes. As a result, $OCLR no longer has any convertible debt outstanding.
$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 !!