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$GPOR said it announced the commencement of an underwritten public offering of 14MM shares of its common stock. The underwriters will have a 30-day option to purchase an additional 2.1MM shares from $GPOR. The company intends to use the net proceeds primarily to fund a portion of its 2017 capital development plan and for general corporate purposes.
$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.