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$MMM, which makes the popular post-it notes, cut its full-year guidance. It cut its full-year sales growth outlook to 1.5% to 2%, excluding the effect of currency changes, from its prior outlook of 3% to 6%. $MMM now expects full-year adjusted earnings of $7.73-$7.78 per share, down from its prior outlook of $7.73 to $7.93.
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.