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On a trailing twelve-month basis, total $PFG's net cash flows were $25Bil and it ended 3Q15 with $516Bil assets under management. Further, on a trailing twelve-month basis, Principal Fund sales were up 22% and both its equity and fixed income flows were four times the industry average vs. the same period a year ago.
$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.