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$PCG 1Q15 10-Q: 1Q15 total OpEx was $3.8Bil vs. $3.4Bil in 1Q14, up 11.7% YoverY. For 1Q15, PCG made equity contributions to the Utility of $100MM. At March 31, 2015, PG&E Corporation and the Utility had $300MM and $2.4Bil available under their respective $300MM and $3.0Bil revolving credit facilities.
$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.