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$LFUS to acquire the circuit protection business of $TEL for $350MM in cash. The circuit-protection business had an estimated $190MM in revenue in 2015. The company said it expects the transaction to immediately add to earnings and is expected to close in 1Q16. The business is based in CA, with manufacturing plants in China and Japan.
I haven’t seen a drop in banks like this in a long time. Looks like $WFC is still facing pressures from its sales practices scandal..!!
Helping President-elect's America first focus, $WMT set to create 10,000 retail jobs in the US in 2017.
Looks like Trump has his eyes on the $MON and Bayer merger next. He had a meeting with the CEOs and apparently got job promises from them.
$FHN shares have dropped after its earnings missed analysts’ expectations. I’m worried whether the stock will slide further.