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During FY15, $JEC's cash and cash equivalents fell by $271.8MM to $460.9MM at Oct. 2, 2015 compared to 2014. This compares to a net decrease in cash and cash equivalents of $523.8MM during the corresponding period last year. $JEC used $96.1MM of cash and cash equivalents for investing activities during FY15, which compares to $1.5Bil during FY14.
$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.