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In 4Q15, $MDT began a restructuring program related to the acquisition of Covidien. $MDT anticipates about $850MM in cost synergies to be achieved as a result of the acquisition through FY18. Restructuring charges are expected to be primarily related to employee termination costs and costs related to manufacturing or building site closures.
$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 !!