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$KSU 2Q15 Call – Mike, CFO: 2Q15 volumes declined 6% and revenue 10%, declining fuel prices and the negative impact of the peso were the main drivers behind our declining revenue. Adjusted operating ratio increased 1.1 points to 68.1% while expenses declined 8%, it was not enough to offset the 10% decline in revenue.
$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.