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In 3Q15, CHK C-T, a subsidiary of $CHK sold all of its oil and natural gas properties to FourPoint and immediately used the consideration and other cash on hand to repurchase and cancel all of CHK C-T's outstanding preferred shares. In a related deal, $CHK sold noncore properties adjacent to the CHK C-T properties to FourPoint for approx. $90MM.
$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 !!