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$WPX said the offering is expected to close on or around June 9, 2016, subject to customary closing conditions. The company intends to use the net proceeds from the offering for general corporate purposes. Credit Suisse Securities (USA), LLC, BofA Merrill Lynch, Barclays, and Citigroup are acting as joint book-running managers for the offering.
$GOOG’s Waymo accuses Uber of stealing its intellectual property. Startup Otto, which was recently acquired by Uber, also named in the lawsuit. Stage set for another dramatic legal battle!
We all knew $VALE CEO Murilo Ferreira was going out soon, but now I hear he has no idea who will succeed him!
$JCP, another traditional retailer that just shocked us with its biggest number of store closures.