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During 2Q16, $ADM's effective tax rate was 29% vs. 27% in 2Q15 and this quarter's taxes included about $20MM, or about $0.03 per share of discrete tax items. The company said that during 1H16, it returned $0.8Bil to shareholders through dividends and share repurchases.
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.