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$ITG, which agreed to sell its ITG Investment Research to $LUK, said it plans to take a restructuring charge of approx. $1.6MM to reduce the headcount within its U.S. high-touch sales trading operation as a result of this sale. $ITG expects to realize cost savings of approx. $3MM annually as a result of this action.
$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 !!