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Biotechnology and clinical diagnostic brands holding company $TECH said it will acquire Advanced Cell Diagnostics (ACD) for $250MM in cash plus contingent consideration of $75MM due upon achieving some milestones. Deal will be financed through cash on hand and a revolving credit facility that $TECH expects to obtain before closing the acquisition.
$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 !!