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$NWL's 3Q15 net sales were $1.53Bil, a 3.1% increase vs. 3Q14. Core sales, excluding acquisition, divestitures, foreign currency and the planned disposal of the Decor business, increased 5.9%. The net impact of acquisitions, divestitures and Decor contributed 340 BP to reported net sales. Foreign currency had negative impact of 620 BP.
$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.