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$HPE said it agreed to sell its equity stake in Mphasis Ltd. to private equity funds managed by $BX. Under terms of agreement, $BX has agreed to purchase at least 84% of $HPE's stake in Mphasis for INR 430 per share. At the proposed price, $HPE's stake is valued at about $825MM. The transaction is expected to close in 2H16.
$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 !!