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$CSAL said its Leasing segment revenues in 1Q16 were $168.6MM, including $4.3MM of straight-line rental income. Revenues for Talk America were $6MM with adjusted EBITDA of $1.3MM. Leasing revenue benefited from the $43MM of capital the company funded to Windstream in late 2015 and amortization of deferred revenue from tenant capital improvements.
$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.