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$RL's net cash used in financing activities for 9 months ended Dec. 26, 2015 rose to $428MM from $352MM last year. This rise was primarily driven by decline in proceeds from debt issuances, less cash used to repay debt, rise in cash used to repurchase shares of Class A common stock, and increase in cash used to pay dividends.
$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.