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$AES said it agreed to sell its 100% equity interest in AES Sul, one of its utilities in Brazil, to $CPL for about $464MM. The transaction is expected to close in 2H16. This sale was previously included in $AES' 2016 guidance and 2017-2018 expectations. Also, deal will remove $335MM in non-recourse debt on $AES' balance sheet as of March 31, 2016.
$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 !!