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$MRCY said it expects acquisition and associated transaction expenses to be funded with combination of committed financing for new $265MM bank term loan A and about $50MM of its cash on hand. In addition to term loan, financing also includes a new $75MM revolving credit facility which is not expected to be drawn at closing.
$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 !!