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$GE said that it had some wins with Alstom in China on the hydro business, several combined cycle gas turbine power plants with richer content, and the Hinkley Point nuclear steam turbine in the UK. Power booked 12 H-turbine orders in 4Q15 and $GE has 33 in backlog. In healthcare, MR orders grew by 18% in 4Q15 and bioprocessing grew buy 16%.
$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.