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On July 20, 2016, $MPC extended its trade receivables securitization facility for a new three-year term and reduced the capacity to $750MM reflecting the lower refined-product price environment. $MPC replaced its existing bank revolving credit facility with a four-year $2.5Bil and a 364-day $1Bil bank revolving credit facilities.
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.