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$INT said it has completed PAPCO, Inc. and Associated Petroleum Products, Inc. acquisitions. Excluding the impact of one-time acquisition related expenses and amortization of acquired intangible assets of about $4MM and $9MM respectively, the deals are expected to be $0.22 to $0.26 accretive to earnings on a non-GAAP basis in the first 12 months.
$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.