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Security products company $TYC said organic revenue declined 1% in 2Q16 and net acquisition and divestiture activity contributed 1 point of growth. EPS from continuing operations was $0.33 and included net charges of $0.12 related to special items. EPS from continuing operations before special items was $0.45.
$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.