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$PLD 2Q15 Call: Completed $3.1Bil of financing activity in 2Q15 at a weighted average interest rate of 1.6% & term of almost 5 years. Leverage at quarter end was 40.2% on a gross book value basis & 39.2% on total market capitalization basis. Debt to adjusted EBITDA & fixed charge coverage excluding realized gain was 7.6 and 3.7 times respectively.
$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.