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Asset management firm $LM said it priced its underwritten public offering of $250MM of Junior Subordinated Notes due 2056 at 100% of par. The offering is expected to close on March 14. The notes will bear interest at a fixed rate of 6.375% per year, and interest will be payable quarterly in arrears starting on June 15.
$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 !!