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$ES posted a slight decrease in earnings in 2Q16, hurt by lower operating revenues compared to 2Q15. Earnings were $203.6MM or $0.64 per diluted share compared with earnings of $207.5MM or $0.65 per diluted share last year. Operating revenues fell from last year to $1.77Bil.
$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.