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$TDY announced the successful completion of the sale of assets of its printed circuit technology business, or PCT, to FTG Circuits, a unit of Firan Technology Group (FTG), for $9.3MM in cash. $TDY will work with FTG to facilitate transition of operations to FTG's U.S. operations. $TDY plans to reclassify its PCT as a discontinued operation.
$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.