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Timberland owner $WY said it has completed the sale of its liquid packaging board business to Nippon Paper Industries for $285MM. Company expects to use a big portion of the after-tax proceeds of about $225MM for repayment of debt. The business sold consists of one mill located in Longview, Washington.
$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 !!