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Heavy equipment maker $CAT said that its sales for 2015 was impacted by lower sales volume along with segment decliners energy and transportation. Taking out the restructuring cost, the company's decremental operating profit margin was about 20%, better than expected.
$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.