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$AN said that 2Q16 CapEx on an accrual basis, excluding operating lease buyout and related asset sales, was $62MM. The company's quarter-end cash balance was $55MM, which when combined with additional borrowing capacity, resulted in total liquidity of $853MM at June end.
$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.