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$BLL's effective income tax rate for 9 months of 2015 fell to 16.9% from 25.5% in the previous year period. The lower tax rate was primarily due to business consolidation costs incurred in the U.S. and increased impact of favorable nonrecurring discrete tax items on 2015 tax rate. The 2015 effective tax rate is expected to be about 17%.
$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.