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$KEY's revenue from Key Community Bank for 4Q15 grew by 5.4% to $588MM from last year, on increases in average loans and leases and deposits as well as higher cards and payments income. Key Corporate Bank revenue rose 4.1% to $479MM, on higher earning assets and deposit balances, while revenue from other segments dropped 48.4% to $32MM.
$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.