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$JPM continues to make progress against its capital targets. Advanced and Standardized Fully Phased-In CET1 ratios were in line with each other at 11.4% in 3Q15. $JPM continues to build Tier 1 in total capital, adding $1.2Bil of preferred stock and $1.5Bil of subordinated debt in 3Q15.
$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.