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$PBCT's subsidiary People's United Bank said its unit People's Securities has agreed to buy Gerstein Fisher. People's United expects the transaction to be modestly add to earnings in 2017 with an IRR of over 15%. The transaction contains a portion of contingent consideration based on the achievement of revenue growth targets.
$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 !!