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$NWL 2Q15 Call: Writing’s core sales growth for the first half was 10.1%. Q2 normalized operating margin in Writing segment was 26.8%, a 40BP decrease over the prior year as the benefit of increased sales & productivity was more than offset by negative foreign currency impacts & increased advertising & promotion spend.
$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.