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Drug and medical devices maker $MNK completes the acquisition of Therakos, Inc. for value of approx. $1.325Bil. $MNK expects FY15 net sales of $185-$195MM for Therakos products & high single-digit growth going forward. The transaction is accretive $0.10 per share to $MNK's adjusted diluted FY16 earnings & increasingly accretive thereafter.
$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 !!