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$TXN 1Q15 10-Q: R&D expense was down $28MM to $338MM vs. $366MM in 1Q14. SG&A expense was also down $40MM to $439MM vs. $479MM in 1Q14. The decreases were due to cost savings from previously announced restructuring actions and other efforts across the company to align costs with growth opportunities.
$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.