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Bonnie Herzog of Wells Fargo asks where will the $3Bil of cash proceeds from the sale of SABMiller be used. CFO Bill Gifford replied that the company has not made decisions around the $3Bil and added that this being excess cash, $MO would assess it based on market conditions at the time and make the appropriate decisions.
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.