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$SJM's US Retail Pet Foods segment contributed sales of $577MM coming in at the high end of the range provided earlier. YTD sales were up 3% despite challenges in dry dog food. The segment's premium pet food and pet snack brands both achieved high-single digit sales growth in 2Q16. $SJM continues to make progress in its integration activities.
$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.