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$MET said that 4Q15 operating EPS fell to $1.23 vs. $1.38 per share in 4Q14. This YoverY decline was due to Variable Investment Income (VII), which contributes $0.06 to operating EPS in 4Q15 vs. $0.18 in 4Q14. FX rates hurt operating earnings from the International businesses by $0.05 per share vs. 4Q14.
$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.