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REIT $FCPT has acquired the real estate of 4 KFC restaurants in the Detroit, Michigan MSA for $3.9MM, funding it with cash on hand. The restaurants are 100% occupied under new triple-net leases with 20-year terms, and the deal closed at a going-in cash cap rate consistent with previously announced deals.
$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 !!