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$SEE's Food Care segment reported net sales of $836MM, down 15% as reported. The decrease was mainly due to currency impact and divestiture. Diversey Care segment net sales were $502MM, down 8.9% as reported. Product Care segment net sales were $385MM, down 8.6% as reported and 1.7% on a constant dollar basis.
$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.