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$NAVI's core earnings for Business Services segment for 2Q16 fell to $81MM from $91MM in the previous year quarter. This decrease was primarily the result of lower education loan-related asset recovery revenue in connection with a legislated reduction in certain fees as well as lower volumes.
$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.