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Well site service provider $BAS reported Feb. 2016 well servicing rig count of 421, well servicing rig hours of 37,200 producing rig utilization rate of 35% versus 55% in Feb. 2015. Fluid service truck count rose by 1 to 987 and fluid service truck hours were 168,100. Drilling rig days for Feb. 2016 were 29 producing a rig utilization of 8%.
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.