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$DIS's Studio Entertainment had FY15 operating income of almost $2Bil, 27% higher than last year. Two years ago, this business generated less than $700MM in operating income. Theatrical results reflected the performance of Inside Out and Ant-Man in 4Q15 versus performance of prior year releases, which included Guardians of the Galaxy & Maleficent.
$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.