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$PII agreed to buy private;y-held Transamerican Auto Parts (TAP), an integrated maker of off-road Jeep and truck accessories, for $665MM. It will close by year-end 2016. TAP will operate as distinct business unit reporting to Steve Eastman, $PII's PG&A President. $PII will fund acquisition with borrowings under existing credit facilities.
$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 !!