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The insurance company $TRV and its JV with J. Malucelli in Brazil has completed the acquisition of a majority interest in Cardinal Compania de Seguros, a Colombian start-up surety provider. The business will operate under the co-branded name J. Malucelli Travelers and will be based in Bogota. Terms of the transaction were not disclosed.
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.