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$IVZ's 3Q15 net revenue yield was 45.8 basis points, a decrease of 0.4 basis points versus 2Q15. Other revenues accounted for the decline of 0.5 basis points and a change in mix reduced the yield by 0.1 basis points. These were offset by an increase in performance fees in the quarter, which added 0.2 basis points.
$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.