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Significant currency headwinds during 3Q15 and YTD reduced $OMC's revenue by 7%. However, $OMC's organic growth was up 6.1% in 3Q15. Margins and net income during the quarter were in line with expectations. $OMC expects currency headwinds to moderate in 4Q15 and into next 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.