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For 3Q15, $DFS's provision for loan losses decreased by $22MM or 6% as compared to the same period in 2014. The decrease was mainly due to a smaller build of the allowance for loan losses as compared to the same period in 2014. For year-to-date 2015, provision for loan losses increased by $42MM or 4% versus the same period in 2014.
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.