Want to join the conversation?
$LVLT 2Q15 PR: Free cash flow was $102MM for 2Q15 vs. $62MM on a pro forma basis for 2Q14. CapEx was $317MM for 2Q15. As of June 30, 2015, the Company had cash and cash equivalents of approx. $549MM. Expect GAAP interest expense of approx. $650MM and net cash interest expense of approx. $640MM for full year 2015.
$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.