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As of Sept. 30, 2015 $AMP had $239MM of gross unrecognized tax benefits. $AMP expects that the total amounts of unrecognized tax benefits will change in the next 12 months. $AMP expects the total amount of gross unrecognized tax benefits to decrease by $150-160MM in the next 12 months primarily due to resolution of IRS examinations.
$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.