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Related to the Produquimica acquisition, $CMP will assume about $150MM long-term debt, most of which will be retired in 4Q16. The acquisition includes about $150MM of net working capital. $CMP expects the deal to add $0.12-0.15 to 2016 diluted EPS. Company expects to close the deal in early Oct. 2016 and to fund the acquisition with new debt.
$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 !!