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Used cars retailer $KMX said Tom Folliard has retired as CEO, effective Aug. 31, 2016. BoD has elected President Bill Nash to replace Folliard, effective Sept. 01, and has also elected Nash to serve as a director of $KMX. Board also named Folliard Non-Executive Chairman of the Board and Bill Tiefel Lead Independent Director effective Sept. 01.
$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 !!