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$PEG 1Q15 10-Q: On 04/15/15, BPU issued an order approving PSE&G’s provisional BGSS rate of 45 cents per therm, which had been implemented on 10/01/14. In March 2015, PSE&G filed a letter with BPU to extend 28 cents per therm bill credit for 1 additional month through 04/31/15, which is estimated to provide an additional approx. $20MM to customers.
$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.