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$LEG 2Q15 Call: We ended the quarter with net debt to net capital at 36% comfortably within our long-standing target range of 30% to 40%. We also monitor debt to EBITDA, which is another typical financial metric and at the end of the second quarter, debt was 1.9 times our trailing 12 months adjusted EBITDA.
$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.