Want to join the conversation?
$AEP said that its debt-to-total capital rose by 0.5% in 1Q16 and remains healthy at 53.7%. The credit metrics, FFO interest coverage and FFO to debt are solidly in BBB and BAA1 range at 5.45 times & 20% respectively. Net liquidity is $3.2Bil and is supported by the two revolving credit facilities. In 2Q16, $AEP plans to refinance the facilities.
$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 !!