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$PVH said the joint venture will be formed by merging its unit PVH Mexico with Baseco, a wholly owned subsidiary of Axo and a distributor in Mexico of PVHâ??s Tommy Hilfiger brand products. The closing is expected to occur early in 3Q16. Terms of JV were not disclosed. $PVH expects this transaction to be neutral to its 2016 non-GAAP earnings.
$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 !!