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In 1Q16, $CAG's Consumer Foods segment had strong operating profit growth and more than 250 BPs of comparable margin improvement through a combination of favorable price/mix and increased productivity. Commercial Foods posted good sales and operating profit performance, mainly due to strong volumes, favorable mix, and efficiencies for Lamb Weston.
$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.