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$HAS 2Q15 PR: Net revenues for the quarter were $797.7MM compared to $829.3MM in 2Q14; absent a negative $71.5MM impact of foreign exchange, second quarter 2015 revenues grew 5%. Net earnings for the quarter attributable to Hasbro, Inc. were $41.8MM compared to $33.5MM in 2Q14. 2014 net earnings included an unfavorable tax adjustment of $13.8MM.
$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.