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$ETFC announced a preferred stock offering at the pricing of $400MM. The company intends to use the proceeds from this offering, along with existing cash, to fund the purchase of Aperture New Holdings, the parent company of OptionsHouse. The transaction is expected to close in 4Q16, subject to customary closing conditions and regulatory approvals.
$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 !!