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$BK 2Q15 PR: Total revenue increased 4% YoverY, from $3.75Bil in 2Q14 to $3.89Bil in 2Q15. Investment Management total revenue was $1Bil, a decrease of 3% YoverY and 1% sequentially. Investment Services total revenue was $2.66Bil, an increase of 6% YoverY. Other segment total revenue was $190MM vs. $179MM 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.