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$XEL's taxes, other than income taxes, increased $13.5MM or 11.6% in 2Q15 and $25.4MM or 10.5% in 1H15. Increases were due to higher property taxes mainly in Colorado and Minnesota. Interest charges grew $4.8MM or 3.5% in 2Q15, primarily due to higher long-term debt levels, partially offset by refinancings at lower interest rates.
$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.