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$LVLT used cash of $899MM for capital expenditures, up $291MM and used $155MM for financing activities, up $146MM in the YTD ended Sept. 30, 2015 compared to last year. Net cash interest payments are expected to increase to approx. $640MM in 2015 from $598MM last year based on current interest rates on $LVLT's debt outstanding as of 3Q15-end.
$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.