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$APD has improved its overall margins by 360 BP in fiscal 2015, whereas margins have improved by 700 BP in the last seven quarters. $ADP also delivered positive free cash flow in 2015 despite a weak worldwide economy and a $0.40 negative impact from currency exchange translation.
$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.