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During 3Q15, $JWN sold its credit card portfolio to TD Bank U.S.A., N.A. for $2.2Bil. The company is deploying net proceeds of $1.8Bil, after $325MM in debt reduction and transaction costs, directly to shareholders consistent with its balanced capital allocation approach.
$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 !!