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$LRCX and $KLAC signed a definitive agreement, in which $LRCX will acquire all outstanding shares of $KLAC in a cash & stock transaction valued at $67.02 per share or $10.6Bil. Combined company will have approx. $8.7Bil in pro forma annual revenues & expect to generate about $600MM in incremental annual revenues by 2020.
$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 !!