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During the twenty-six weeks ended Aug. 2, 2015, $PVH made payments of $165.7MM on its term loans under the 2014 facilities. As of Aug. 2, 2015, $PVH had total term loans outstanding of $2,574.2MM, net of original issue discounts. $PVH currently expect GM for FY15 to be relatively flat compared with 2014.
$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.