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$WYNN 1Q15 10-Q: WYNN is currently constructing Wynn Palace in the Cotai area of Macau. Total project budget, including construction costs, capitalized interest, pre-opening expenses, land costs and financing fees, is approx. $4.1Bil. As of March 31, 2015, WYNN has invested approx. $2.2Bil in the project. Wynn Palace is expected to open in 1H16.
$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.