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In 3Q15, $IRM's structural tax rate was 16.5% compared with 16.3% in 3Q14 and 13.9% in 2Q15. The sequential increase in structural tax rate was driven by the expense related to the Recall acquisition and debt refinancing cost which lowered its QRS pre-tax income. $IRM continue to believe that its tax rate will be about 15-16% in the short-term.
$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.