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Wells Fargo analyst Jeffrey Donnelly questioned on the drivers of the reduction in stabilized yield in Pike & Rose project. $FRT CEO Donald Wood said the second phase of project has a significant residential component that is causing the reduction. The current situation is not the failure of the project, it is just market timing, Don said.
$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 !!