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Automotive replacement parts distributor $GPC reported a decline in net income to $161.3MM or $1.07 per share in 4Q15 compared to $165.6MM or $1.07 per share in 4Q14 hurt by negative currency impact. Sales declined to $3.68Bil from $3.82Bil last year.
$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.