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$SPLS and $ODP said they would sell more than $550MM in their large corporate contract business and related assets to Illinois-based office supplier $ESND. Essendant will pay Staples approx. $22.5MM. "We're pleased to reach this agreement with Essendant as we continue to work to complete the acquisition of Office Depot," said $SPLS CEO Ron Sargent.
$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 !!