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$CAG 4Q15 Call - Gary Rodkin, CEO: Capital expenditures were $154MM vs. $117MM in prior year quarter. For FY15, CapEx was approx. $472MM somewhat lower than our previous estimate. Net interest expense was $89MM in 4Q15 vs. $93MM in the year ago quarter. Dividends for 4Q15 were $107MM vs. $105MM in the year ago quarter.
$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.