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$DISCA 2Q15 Call: Free cash flow in the second quarter increased an impressive 55% to $313MM due to lower cash taxes, capital improvements, lower cash interest payments and lower capital expenditures. We still expect our full year free cash flow to be below-single digits vs. 2014 and accelerated nicely in 2016.
$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.