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$IFF 2Q15 Q&A: Astrachan of Stifel Nicolaus asked about company category dynamics drivers expectations over balance of year. Matthias answered that core business was at loss principally due to underlying trends with select customers. Facing challenges in Savory category. In 3Q15, getting back to growth and will be posting low single-digit growth.
$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.