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$TDC 2Q15 Call: Product gross margin rebounded from the abnormally low margin in Q1. In the second quarter, product gross margin was 65.6% basically in line with 2Q14 as mixed normalized from the adverse mix in Q1. Adjusting for currency product gross margin would have been higher than the prior 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.