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For 2015, $PVH's CapEx was $264MM vs. $256MM in 2014. 2015 CapEx primarily included investments in new stores and store expansions, as well as continued investments in operations and infrastructure, including system improvements. $PVH expects 2016 CapEx to be approx. $275MM, as it continues to make the same types of investments.
$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.