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$GIS General Mills, Inc., agreed to sell Green Giant & Le Sueur businesses to B&G Foods, Inc., $BGS for approx. $765MM in cash, subject to inventory adjustment at closing. Expects transaction to close by calendar year-end. The deal is expected to be dilutive to FY16 EPS of approx. $0.05-0.07, barring transaction costs & one-time gain on the sale.
$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 !!