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$VIA 3Q15 Call: Within operating expenses, programming expense grew 3% while distribution and other expenses increased 10%. SG&A expense was down 6% in the quarter. Increases in expenses were principally driven by the acquisition of Channel 5. Excluding the impact of Channel 5 total expenses were down 7% in the quarter.
$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.