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Luxury jeweler $TIF said as of April 30, 2016, the company had a $43.8MM loan receivable under a financing arrangement with Koidu Limited. The company stated it recorded impairment charges totaling $37.9MM during 4Q16 related to the loan. The net carrying amount of the loan was $5.9MM as of April 30, 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 !!