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$CELG 2Q15 Call: Year-over-year, adjusted operating margin improved 100BP to 51.3%. Operating income was our major driver of bottom line results accounting for $0.23 per share of the year-over-year increase in adjusted EPS. Ended the quarter with nearly $7.5Bil in cash & marketable securities, in line with our balance at the beginning of the year.
$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.