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$FTR said that for 1Q16, it anticipates regulatory revenue to decline by about $46MM, reflecting the ongoing CAF II revenue run rate, partially offset by other items. Cash OpEx will be in the range of $20-25MM for 1Q16, which reflects the impact of a step-up in payroll taxes which will begin to reverse in 2Q16 and costs related to headcount.
$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.