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$NWSA 4Q15 Call: FY15 revenues were $8.6Bil, a 1% increase while total segment EBITDA was $852MM, up an 11% from the prior year. These results came despite global financial instability. FX headwinds impacted revenues by 4% and EBITDA by 6%. Free cash flow was $368MM and expect healthy free cash flow going forward.
$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.