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$SM said it priced an upsized offering of $150MM aggregate principal amount of its 1.50% senior unsecured convertible notes due 2021. The offering was upsized from the previously announced offering of $100MM. $SM granted the underwriters a 30-day option to buy up to additional $22.5MM of notes. The offering will close on Aug. 12, 2016.
$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 !!