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At 2Q16-end, $CST had $193MM of cash and $80MM of this was held in Canada. As of August 3, the company had approx. $419MM available under its credit facility. $CST used $297MM of the proceeds from the California and Wyoming stores transactions to repay borrowings under the revolvers. Capex was $85MM in 2Q16.
Late realization to $T that it cannot compete in the unlimited data market with its existing plans! Its newly launched plans seem more reasonable.
Wow, the new $HPE Pro x2 612 G2. Finally, a Surface Tab you can use for business!
$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!