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$OI 2Q15 Call: We continue to manage our capital structure & we've refinanced our bank credit agreement & repaid $300MM of high coupon bonds, & completed $100MM share repurchase program. Weaker results in Europe were significantly impacted by currency headwinds, which drove more than 90% of revenue decline & 40% of decrease in operating profit.
$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.