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$HOG 2Q15 Call: During 3Q15, we expect to ship 54,000 to 59,000 motorcycles, which is up approx. 6.5% to 16.5% vs. 3Q14shipments. For 2015, we continue to believe operating margin for the motorcycle segment will be between 18% and 19% vs. 18.0% in 2014. In 2015, we now expect gross margin to be up modestly vs. 2014 impacted by both puts & takes.
$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.