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$STZ has agreed to acquire The Prisoner Wine Company brands, a portfolio of five wine brands. The cash paid at closing for the deal is expected to be about $285MM. The transaction is expected to close by end of April 2016 and to be $0.03-0.05 accretive to EPS for FY17. $STZ is planning to execute an IPO for a portion of the Canadian wine business.
$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 !!