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$XOM 2Q15 Call: Downstream and Chemical segment earnings increased significantly from 2Q14, driven by higher margins, continued strong demand, and the quality of the company’s product and asset mix. Upstream production volumes of 4MM oil-equivalent barrels per day were 3.6% higher YoverY. Liquids volumes were up nearly 12%.
$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.