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Bank holding company $FITB reported net income available to common shareholders of $1.6Bil in 2015. Full-year earnings growth of 60% reflected significant returns from the sale of a portion of the Vantiv ownership. Full-year net interest income declined 1%. YoverY, core fee income growth was 3%.
$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.