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$SSS said it has closed its acquisition of LifeStorage, a privately-owned self storage operator, for a purchase price of about $1.3Bil. The purchase was funded primarily with the proceeds of a 6.9MM common stock offering the company completed in May 2016, and a June 2016 sale of $600MM of 10 year notes with an interest rate of 3.5%.
$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 !!