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Motion picture exhibitor $CNK said its wholly-owned subsidiary, Cinemark USA, Inc., intends to commence a private offering $225MM aggregate principal amount of its 4.875% Senior Notes due 2023. The company intends to use the net proceeds to finance a redemption of its 7.375% Senior Subordinated Notes due 2021 and for general corporate purpose.
$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 !!