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For 2015, $VLO expects to incur about $1.95Bil for CapEx and about $700MM for deferred turnaround and catalyst costs. The CapEx estimate excludes expenditures related to potential strategic acquisitions and JV arrangements. $VLO continuously evaluate its capital budget and make changes as conditions warrant.
$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.