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$ADS 2Q15 Call: FY15 Guidance: Organic revenue growth of 3x GDP; Overall revenue growth of 20%; Free cash flow of $1.3Bil; FY15 Raised guidance: Core EPS to $15.00 from $14.90, up 19% vs. FY14. Revenue expected to be $6.5Bil; Diluted shares outstanding 62.8MM from 64-64.7MM.
$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.