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$SE's effective income tax rate for 3Q15 fell to 22% from 23% in the previous year quarter, and that for 9 months ended Sept. 30, 2015 slipped to 20% from 25% a year ago. The lower tax rate for 9 months of 2015 was primarily attributable to $74MM tax impact of loss on investment due to partial impairment of goodwill at DCP Midstream.
$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.