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$VRTX 2Q15 PR: Vertex now expects 2015 KALYDECO net revenues of $575-590MM vs. prior range of $560-580MM. The company reiterated its guidance for combined non-GAAP R&D and SG&A expenses in 2015 of $1.05-1.10Bil. Expected combined non-GAAP R&D and SG&A expenses exclude stock-based compensation expense and certain other expenses recorded in 2015.
$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.