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$ADBE 2Q15 10-Q: Total revenues were $1,162.16MM vs. $1,068.21MM in 2Q14. Operating income was $193.62MM vs. $135.26MM in 2Q14. Net income was $147.49MM vs. $88.53MM in 2Q14. OpEx was $783.37MM vs. $778.05MM in 2Q14. Subscription revenue was $773.96MM vs. $476.69MM in 2Q14. R&D expense was $208.05MM vs. $209.09MM in 2Q14.
$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.