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$AMT said as of the end of 2Q16, its net leverage ratio was 5.3 times net debt to annualized 2Q16 adjusted EBITDA, with liquidity of over $3Bil. The company expects to end the year 2016 at 5 times net debt or below, and longer term its target leverage range remains between 3 and 5 times.
$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.