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For the three months ended June 30, 2015, $CVS's OpEx increased 0.6% while OpEx as a percentage of net revenues decreased approx. 80 bp to 11.1% compared to the same period last year. The increase in OpEx was primarily due to incremental store operating costs associated with operating more stores in Retail Pharmacy segment.
$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.