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Botox maker $AGN reported a 1Q16 profit of $186.1MM or $0.47 per share compared to a loss of $535.2MM or $1.85 per share last year, due to higher income taxes benefit and a rise in income from discontinued operations. Revenues grew to $3.79Bil from $2.56Bil. Adjusted EPS increased to $3.04 from $2.65.
$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.