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During 4Q16, $CTLT's adjusted EBITDA rose 4% to $141.8MM vs. $136.3MM for 4Q15. Excluding the FX translation impact, adjusted EBITDA rose 7% to $145.9MM driven by strong performance across Drug Delivery Solutions and Softgel Technologies segments. As of June 30, 2016, $CTLT's net leverage ratio sequentially improved to 4.3.
$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.