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$HRL's net cash provided by operating activities for 6 months ended April 24, 2016 fell to $409.14MM from $445.74MM in the previous year quarter. However, net cash used in investing activities rose to $84.97MM from $38.56MM last year and net cash used in financing activities grew to $289.41MM from $115.24MM in the prior year 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.