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Income tax expense in 3Q15 was $71.9MM, as compared to $71.5MM for the comparable period of FY14. $AAP's effective income tax rate was 37.4% and 36.9% for 3Q15 and 3Q14, respectively. Income tax expense for the 40 weeks ended Oct. 10, 2015 was $250.5MM versus $241MM for the comparable period of FY14.
$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.