Want to join the conversation?
$MSI said that its net debt position at 2Q16-end was $3.5Bil. The company repurchased approx. $555MM of its common stock and paid approx. $72MM in cash dividends. Ending backlog was $8.2Bil, up $2.2Bil from the year-ago period, driven by the addition of $1.6Bil from Airwave and approx. $600MM of organic managed and support services.
$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.