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$CSCO said it intends to acquire Acano Limited, a London-based conferencing software maker, for $700MM in cash and assumed equity awards. $CSCO will also pay additional retention based incentives for Acano employees who join $CSCO. The acquisition is expected to close 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 !!