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$CMN said it has acquired Accutron, a manufacturer of nitrous oxide delivery systems and single-use nasal masks, for a purchase price of about $52.5MM in cash consideration. $CMN expects the acquisition to add to GAAP and non-GAAP EPS in FY17 and beyond.
$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.