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$HSY posted North America segment net sales of $1.44Bil in 2Q16, an increase of 3.2% versus last year. Excluding the 0.3 point impact of unfavorable FX rates in Canada, North America net sales increased 3.5%. Net sales for the International and Other segment increased 7.6% to $192.8MM.
$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.