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$LMT 2Q15 Q&A: Skibitski from Drexel asked about Sikorsky’s commercial helicopter business. Marillyn explained that it’s a nice bid. It’s predominantly in oil & gas side which is not an area that we are in. We’ve got some near-term pressure there just because of what’s happened with oil prices, we see an opportunity in a few years for that to turn.
$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.