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$WU's cash flow from operating activities was $804MM YTD through Sept. 2015 and CapEx was $84MM for 3Q15. At quarter end, $WU had debt of $3.5Bil and cash of $1.4Bil. US cash was utilized to pay off a $250MM debt maturity during 3Q15. $WU repurchased approx. 6MM shares for a total of $125MM during 3Q15.
$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.