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$STT said it has completed its acquisition of GE Asset Management (GEAM) from $GE. In connection with the closing, State Street Global Advisors (SSGA) received client consents to transition the management of approx. 99% of GEAM's AUM, which is more than $100Bil as of March 31, 2016 and approx. 270 former GEAM employees joined the SSGA team.
$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 !!