Want to join the conversation?
$BAC said that general deposit flows, on a lending basis, were flat during 2Q16 as inflows were partially offset by outflows to fund seasonal tax payments. Total assets were stable vs. 1Q16 with loans increasing modestly, security balances rising & cash down. Tangible common equity of $170Bil rose by $3.6Bil from 1Q16 driven by earnings and OCI.
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.