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$WY 2Q15 Call: Cash flow from operations for 2Q15 was $366MM or an increase of $289MM compared to 1Q15. CapEx totaled $108MM bringing our YTD expenditures to $197MM. We continue to expect total expenditures for full year to approx. $500MM. We do not have any debt maturities until 2017 & have no barrowings outstanding under our $1Bil line of credit.
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.