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Subsequent to 1Q16-end, $ECL made a $150MM voluntary contribution to its non-contributory qualified US pension plan. During 1Q16, the company made payments of $4MM to its US non-contributory non-qualified defined benefit plans and estimates that it will make payments of about an additional $10MM to such plans during the remainder of 2016.
$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.