Want to join the conversation?
$IP said its Ilim JV had operational EBITDA of $176MM, as strong manufacturing performance partially offset lower pulp prices and seasonally lower volume. Lower pulp prices and seasonally higher wood cost along with planned maintenance outages at the Bratsk and Koryazhma mills are expected to negatively impact 2Q16 results.
$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.