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$STX 4Q15 PR: The company successfully raised $1.2Bil in investment grade debt in FY15, extending its weighted average maturity to approx. 9 years and decreasing its weighted average interest to 4.8%. Cash, cash equivalents, restricted cash, and short-term investments totaled approx. $2.5 billion at FY15-end.
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.