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$REGN said total Sanofi collaboration revenue was $220MM for 1Q16. The company's share of the collaboration's losses in connection with commercialization of antibodies was $99MM. In 1Q16, the reimbursement of REGN commercialization-related expenses was $73MM.
$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.