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Connectivity and sensor solutions provider $TEL entered into an agreement to sell its Circuit Protection Devices (CPD) business to $LFUS for $350MM. Sale is expected to close in 2Q16. $LFUS expects the deal to be immediately accretive to its earnings excluding acquisition and integration related costs.
$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 !!