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$URBN stated that it ended 2Q17 with $328MM in cash and marketable securities. During 2Q17, the company paid down $25MM of its outstanding revolver, leaving $50MM currently outstanding. For 3Q17, $URBN is planning 6 new Anthropologie stores, including 1 new Anthropologie store in Europe, 2 new Urban Outfitters store and 3 new Free People stores.
$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 !!