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$SCHW's revenue from asset management and administration fees for 4Q15 rose to $673MM from $641MM last year and net interest revenue grew to $690MM from $584MM. Other revenue rose to $120MM from $90MM in the previous year quarter, while trading revenue fell to $208MM from $239MM.
$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.