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At the end of 1Q16, total debt was approx. $1.66Bil. $TLRD made its scheduled $1.8MM payment on its term loan during the quarter. Inventories rose $90.3MM to $1,076.7MM mainly due to higher Jos. A. Bank inventory, which reflects lower sales and increased corporate apparel inventory due to the American Airlines rollout occurring later in FY16.
$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 !!