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$NFX 1Q15 10-Q: Net cash provided by operating activities was $205MM vs. $365MM in 1Q14. Net cash used in investing activities was $486MM vs. cash provided by investing activities of $297MM in 1Q14. Net cash provided by financing activities was $1.05Bil vs. use of $650MM in 1Q14. Sequential increase in cash and cash equivalents was $769MM.
$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.