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Restaurant company $JACK said it has completed the revision to its existing senior credit facility. Under terms of revision, the credit facility was raised to $1.6Bil, with a $700MM term loan and $900MM revolving credit facility. The revision raised maximum leverage ratio covenant from 3.5x to 4.0X.
$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 !!