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Deutsche Bank analyst Kristen Stewart questions $MDT on the timing of launching Diabetes Type 2 products. CFO Gary Ellis says that the Type 2 population is 90% of all patients with diabetes and so the company's focus is to monitor this 90%. Insulin delivery within Type 2 only addresses about 10% of that 90%, so broader opportunity is monitoring.
$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.