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$KEY 2Q15 Call – Don, CFO: Average total loan growth continued in 2Q15 with bounces up $2.4Bil with 4% compared to 2Q14 and up $466MM from 1Q15. Average deposits were up $3.8Bil from 2Q14 and up $1.4BIl from 1Q14; this growth is driven by strength in commercial mortgage servicing and inflows from both commercial & consumer clients.
$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.