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$KO said it expects 2016 underlying effective annual tax rate of 22.5% and 2016 net share repurchases of $2-2.5Bil. For 2Q16, $KO estimates that based on the current spot rates, currency will be a 2-3 point headwind on comparable net revenues and an 11 point headwind on comparable income before taxes, including impact of hedged positions.
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.