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$VRSK's capital expenditures as percentage of revenues for 2015 slid to 8% from 8.4% in 2014. $VRSK estimates capital expenditures for 2016 to be about $175MM, which primarily consists of expenditures on its technology infrastructure and its continuing investments in developing and enhancing its solutions.
$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.