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Power management company $ETN delivered 25% decrease in operating earnings per share to $0.97 for 3Q15 compared to a year ago period, excluding charges of $0.01 per share related to acquisitions. Sales in 3Q15 were $5.2Bil, down 9% from 3Q14, which consisted of 6% from negative currency translation & 3% from a decline in organic sales.
$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.