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Financial holding company $JPM reported a YoverY growth of 22% in its 3Q15 net income. On a reported basis, 3Q15 net revenue had a 7% decline YoverY and 4% decline sequentially. Noninterest expense declined 3% YoverY, but on sequentially basis, it increased 6%.
$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.