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Financial services firm $MS said Morgan Stanley Capital Trust III, IV, V and VIII will redeem all of its issued and outstanding capital securities on Aug. 18, 2016. The redemption price will be $25 per the particular capital security plus accumulated but unpaid distributions up to the redemption date.
$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.