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On Oct. 23, 2015, $FITB made an agreement with $VNTV under which a portion of its Tax Receivable Agreement (TRA) with $VNTV was terminated and settled in full for $48.9MM. $FITB sold certain TRA cash flows it was to receive from 2017-2030 of around $140MM. This sale did not impact the TRA payment in 4Q15 and will not impact the one in 4Q16.
$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 !!