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$PLCE's cash and short-term investments at end 2Q16 were $246MM. Company ended the quarter with $44MM outstanding. At end 2Q16, total inventory was down 5.6% versus guidance of low single digit decline. Cash flow from operating activities grew 88% to $75MM YTD.
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.