Want to join the conversation?
$TKR said it has acquired Lovejoy, a manufacturer of premium industrial couplings and universal joints, for about $66MM. For the 12 months ending March 31, 2016, Lovejoy sales were about $56MM. $TKR expects the acquisition to add to its earnings in the first year of ownership, excluding one-time transaction costs.
$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 !!