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Homebuilder $PHM said it completed purchase of certain homebuilding assets of John Wieland Homes and Neighborhoods from affiliates of Wheelock Street Capital, L.L.C. and the Wieland family. $PHM expects this transaction to immediately add to earnings and cash flows.
$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.