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As of Sept. 30, 2015, based on FES' (FirstEnergy Solutions) power portfolio exposures, FES has posted collateral, including LOC of $223MM. The Regulated Distribution segment posted collateral of $1MM. Bilateral agreements & derivative instruments entered into by $FE and its subsidiaries have margining provisions that require posting of collateral.
$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.