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$MSCC said it successfully obtained financing commitments to close the acquisition of $PMCS on Jan. 15, 2016, with the pricing of $450MM senior notes offering and its credit facility commitments. The company said that it expects 1Q16 revenue to be near the high end of the $325-329MM range provided on Nov. 5, 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.