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$HPT said on March 3, 2016 it issued $750MM of unsecured senior notes, which included $400MM of 4.25% notes due in 2021 and $350MM of 5.25% notes due in 2026. The net proceeds from these offerings were approx. $732MM. On March 11, all $275MM of its 6.3% senior notes were redeemed at par and $HPT has no additional debt maturities until March 2017.
$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.