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$NFX said it signed a definitive purchase and sale agreement with a subsidiary of $CHK to buy about 42,000 net acres in the Anadarko Basin STACK play for $470MM. The transaction will have an effective date of April 1, 2016. Newfield expects to fund transaction with cash on hand and closing is planned for 2Q16.
$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.