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Bank holding company $STI said related to the collateral concentration, at 1Q16-end, it owned $39Bil in loans secured by residential real estate, representing 28% of total loans held for investment. Additionally, $STI had $10.6Bil in commitments to extend credit on home equity lines & $3.6Bil in mortgage loan commitments outstanding at 1Q16-end.
$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 !!