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$KO said it still expects organic revenue to be up 4-5% in 2016, in line with its long-term target. $KO sees comparable currency neutral income before taxes to grow 6-8% in 2016, in line with its long-term target, as strong operating profit growth is expected to be partially offset by increased interest expense.
$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.