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$KMI received FERC authorization for the Elba Liquefaction Project. Construction is scheduled to begin on November 1, 2016. The company’s current project backlog is $13Bil. The projects in backlog are expected to generate an average capital-to-EBITDA multiple of approx. 6.5 times. $KMI added a little over $200MM of projects in 3Q16.
$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 !!