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$FDX's BoD authorized the repurchase of up to 15MM shares of common stock on Sept. 2014. During 1Q16, $FDX repurchased 1.1MM shares of its common stock at an average price of $172 per share for a total of $190MM. As of Aug. 31, 2015, 11.1MM shares remained under the share repurchase authorization.
Does anyone feel $SBUX CEO Schultz stepping down could prove a disaster for the company?
$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.