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$SPG 2Q15 PR: Diluted EPS was $1.52 vs. $1.31 in 2Q14. BoD declared a quarterly common stock dividend of $1.55 per share, up 19.2% YoverY, payable on Aug. 31, 2015 to stockholders of record on Aug. 17, 2015. Company created JV with Sears Holdings Corp and in July, purchased 1,125,760 Seritage Growth Properties common shares at $29.58 per share.
$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.