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$OMCL entered into a $400MM senior secured credit facility with Wells Fargo Securities, as Sole Lead Arranger and Wells Fargo Bank, National Association, as administrative agent. The credit agreement provides for 5-year $200MM term loan facility and 5-year revolving credit facility of $200MM.
$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.