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Drugmaker $MRK said it has agreed with plaintiffs to resolve In re Merck Securities Litigation, multi-district lawsuit pending in New Jersey federal court. The settlement class consists of persons who purchased securities during May 21, 1999 through Oct. 29, 2004, and who seek to recover damages for certain statements on Vioxx.
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.