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Albuquerque, New Mexico based $PNM said that its BoD has unanimously voted to increase its annual dividend payment by $0.08, a 10% increase, to an annual rate of $0.88 per share. The Board has declared a quarterly stock dividend of $0.22 per share, payable Feb. 12, 2016, to shareholders of record at business close Jan. 25, 2016.
$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.