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$SNA 2Q15 Call: Operating earnings before financial services of $150.8MM, including $12MM of unfavorable foreign currency effects, increased $12.7MM and the operating margin improved 100 bps to 17.7%. Financial services revenue of $58.7MM increased 13.5% from 2014 levels, while operating earnings of $41.4MM increased 19%.
$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.