Want to join the conversation?
$GIS expects to cut about 675-725 jobs in connection with Project Compass, a restructuring plan approved in 1Q16 to enable its International segment to accelerate long-term growth. $GIS expects to incur about $59MM of net expenses relating to this action, of which approx. $56MM will be cash. $GIS expects this action to be completed by FY17-end.
$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 !!