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Wireless infrastructure provider $CCI beat the high end of its earlier 3Q15 outlook for site rental revenue, adjusted EBITDA and AFFO. For 3Q15 GAAP site rental revenue was $765MM, up 7%; site rental GM was $518MM, up 6%; adjusted EBITDA was $529MM, up 3%; and AFFO was $356MM or $1.07 per share, up 7% on a YoverY basis.
$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.