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$AEP 2Q15 Call: FY15 ROE expected to be 12% in line with the guidance. YTD operating earnings were $2.15 per share or $1.1Bil vs. $1.95 per share or $950MM in 2Q14. Weather-normalized load grew 0.9% vs. 2Q14 with growth spread across all major retail classes. YTD normalized growth was 0.3% vs. FY14 through 2Q.
$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.