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$AVGO 2Q15 10-Q: Research and development expenses were $251MM vs. $114MM in 2Q14. As of May 29, 2015 there were 259,729,700 shares outstanding. A total of 0.1MM shares were issued under ESPP in both 2Q15 & 2Q14. In March 2015, AVGO made $593MM principal prepayment under its outstanding Term Loans, in addition to $12MM quarterly mandatory payment.
$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.