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$MDT's biggest contributor to total revenue, CVG posted worldwide revenue increase of 8% and 9% on a reported basis. MITG revenue increased 3% due to mid-single digit growth in Surgical Solutions and low-single digit growth in Patient Monitoring & Recovery divisions. RTG saw revenue growth of 5%, while the Diabetes Group revenue grew 11% vs. 2Q15.
$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.