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$IFF said currency neutral sales improved 5% for its fragrances segment in 2Q16, including about 3 points related to the acquisition of Lucas Meyer Cosmetics. Currency neutral sales grew 3% for flavors business, including about 1 point related to the acquisition of Ottens Flavors, as all categories improved YoverY.
$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.