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In May 2016, $MNRO said that it completed the acquisition of 29 McGee Auto Service and Tires retail and commercial stores in Florida. The acquisition is expected to add approx. $50MM in annualized sales, representing a sales mix of 40% service and 60% tires. The deal is expected to be breakeven in FY17.
$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 !!