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$PEP expects mid-single-digit organic revenue growth for the full year 2015. It lifted its 2015 core constant currency EPS growth outlook to 9% from 8%. It now expects foreign exchange translation to have an unfavorable impact of about 10 percentage points on revenue growth and about 11 percentage points on core EPS in 2015.
$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.