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Power generation company $NRG said that it achieved the upper range of its adjusted EBITDA guidance in 2015, despite a challenging environment, company-wide restructuring and changes in management. In Nov., the company retired close to $700MM in high-yield debt and is expanding this by an additional $925MM of debt reductions.
$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.