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California-based REIT $ESS said the taxation of its 2015 distributions for common stock represents 99.28% ordinary income based on total dividend of $5.62 per share. Taxation of 2015 dividend distributions for Series H preferred represents 99.28% ordinary income based on total dividend of $1.78124 per share. No foreign taxes were incurred in 2015.
$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.