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$WYN said it has completed a term securitization transaction involving the issuance of $425MM of asset-backed notes. Sierra Timeshare 2016-1 Receivables Funding LLC issued $335MM of A rated notes and $90MM of BBB rated notes. The advance rate for this transaction was 88.85%.
$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 !!