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During 4Q15, $GMCR's Brewer and Accessories product sales were down 32%, driven by a 20% decline in sales volume, about 10% decrease due to product mix and about 1% decrease due to net price realization. Foreign currency exchange rates negatively impacted brewer and accessory net sales by about 1%.
$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.