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For 2016, $LII expects corporate expenses of approx. $85MM and net interest expense of approx. $29MM. The weighted average diluted share count is expected to be approx. 44MM shares. Capex is expected to be approx. $95MM and free cash flow is expected to be $250MM.
$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.