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Ready-to-eat cereal maker, $K announced that it will spend $450MM to acquire 50% stake in African distributor Multipro, funding through global cash and an increase in commercial paper. $K also created a JV with Tolaram to develop snacks & breakfast foods to sell in West Africa with a right to acquire a stake in Tolaram Africa Foods in the future.
$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 !!