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$GS's investment banking revenue was $1.56Bil for 3Q15, which rose 6% from 3Q14. The increase in revenue was helped by higher revenues in financial advisory, reflecting a significant increase in industry-wide completed M&As. Revenue in underwriting was lower YoverY driven by significantly lower revenues in equity underwriting.
$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.