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$YUM, which operates restaurant brands like KFC and Pizza Hut, reported 4Q15 net income of $275MM or $0.63 per diluted share versus a loss of $86MM or $0.20 per diluted share YoverY, helped by lower costs and expenses in the current quarter. Total revenue was flat versus 4Q14 at $3.95Bil.
$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.