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Real estate company $FOR said during 2Q16 it sold Eleven, its multifamily community in downtown Austin for $60.2MM. The company repaid the debt of $23.9MM and generated pretax proceeds of approx. $35MM. $FOR executed an agreement for the sale of its Dillon site in Charlotte and expects to close the sale in May.
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.