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Adam Josephson of KeyBanc probes on the free cash flow guidance range improvement but the range being wider. $GEF CFO Larry Hilsheimer said the company increased its restructuring expenses by about $5MM and the upside and downside are going to be influenced by what is achieved in operations, but also the timing of cash restructuring payments.
$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.