Want to join the conversation?
$MJN reported a fall in 3Q15 earnings due to the impact of weaker performance in emerging markets and adverse foreign currency translation. Net earnings fell to $155.2MM or $0.77 per share from $187.6MM or $0.92 per share last year. Net sales fell 10% to $977.5MM. $MJN announced new $1.5Bil share repurchase program.
$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.