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P.J. Juvekar of Citigroup asked for an update about electronics. $DD CFO Nick Fanandakis said Tedlar film volume grew in the quarter. On a YoverY basis, there was a significant change in volume on the Solamet paste side. He added that the company saw weaker demand in consumer electronics and expects that to continue in 2Q16 and improve in 2H16.
$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.