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Packaged foods company $CAG said that on Feb. 1, 2016, pursuant to the Stock Purchase Agreement, dated as of Nov. 1, 2015, the company completed the disposition of its Private Brands operations to TreeHouse Foods, Inc. for $2.6Bil in cash on a debt-free basis. On disposition, $CAG recognized a pre-tax charge of $22.5MM in 3Q16.
$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 !!