Want to join the conversation?
$CMG 2Q15 PR: Revenue for the quarter was $1.2Bil, up 14.1% from the 2Q14. The growth in revenue was driven by new restaurants not in the comparable base and a 4.3% increase in comparable restaurant sales. CMG opened 48 new restaurants during the quarter. Net income for the 2Q15 was $140.2MM compared to $110.3MM in the 2Q14.
$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.