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$NOC's effective tax rate for 2015 slid to 28.7% from 29.6% in 2014. This reduction was due to a $76MM rise in research credits primarily resulting from additional credits claimed on prior year tax returns, partially offset by $51MM benefit recorded in 2014 for partial resolution of Internal Revenue Service examination of 2007-2009 tax returns.
$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.