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$BEN 3Q15 PR: Total assets under management were $866.5Bil at June 30, 2015, down $14.1Bil or 2% during the quarter. Net new outflows of $11.1Bil and market depreciation of $3.9Bil were partially offset by a $1.8Bil increase due to FX revaluation. AUM decreased $54Bil or 6% YoverY.
$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.