Want to join the conversation?
Financial services company $HBHC said due to the prolonged energy cycle there were downgrades on over $300MM in outstanding energy credits that have been identified, which will require about $45MM in additional provision expense in 1Q16. Company expects total provision for credit losses of about $58-62MM in the quarter.
$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.
$TSLA opening a showroom in Michigan. A bold move !!