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Olivia Tong of BoA asks about sales resourcing, 115 additional sales people over last 2 years & how it compares to historicals. $PG said the 115 was for US & looking at 5 years earlier, sales coverage went down. So $PG had meaningful sales productivity improvements, but it overshot that with focus on field sales capability in fast growing channels.
$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.