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Housing Starts Update: Privately-owned housing starts in June were at a seasonally adjusted annual rate of 1,174,000, 9.8% above the revised May estimate of 1,069,000 and 26.6% above the June 2014 rate of 927,000. Single-family housing starts in June were at a rate of 685,000, 0.9% below the revised May figure of 691,000.
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.