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$HON 2Q15 PR: FY15 Guidance: Sales to be $39.0-39.6Bil, expects reported sales decline of 2-3% vs. FY14. Given the 1H15 performance, HON raised the low end of full-year EPS guidance by $0.05 to $6.05-6.15. Segment margin to be 18.4-18.6%, an increase of 180-200 basis points from FY14. Free cash flow to be $4.2-4.3Bil.
$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.