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$VZ said it has signed an agreement to purchase XO Communications' fiber-optic network business for about $1.8Bil. $VZ's ownership of XO's fiber-based IP and Ethernet networks will help better serve enterprise and wholesale customers. Also, acquired fiber facilities will help $VZ continue to densify its cell network. The deal will close in 1H17.
$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 !!