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$PBI's net cash provided by operating activities for 1Q16 decreased to $58MM from $104MM in the previous year quarter. Net cash used in investing activities declined to $60MM from $65MM last year, and net cash used in financing activities fell to $56MM from $212MM in the prior year quarter.
$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.