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$TEL 3Q15 Q&A: Mohan of BofA Merrill Lynch queried on product portfolio. Tom replied that product portfolio is pretty solid right now. TEL is still rationalizing in Data & Devices and its strategy there is to really focus on its core connectivity business. Across the rest of the product portfolio, there will be more addition than subtraction.
$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.