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Texas-based drilling company $DO said that for 4Q15, it reported $0.89 per share after adjusting for impairment charges. For 2015, $DO reported $3.05 per share after adjusting for impairment charges. 4Q15 results benefited from a $33MM true-up payment for a customer who exercised an option not to extend the term on the Ocean BlackRhino contract.
$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.