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Digital entertainment technology company $ROVI said it agreed to acquire smaller rival $TIVO for $10.70 per share in cash and stock for total consideration of about $1.1Bil. On a pro forma basis, for the twelve months ended December 31, 2016, the combined company is estimated to have more than $800MM in revenue after purchase, the company said.
$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 !!