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$AMZN Net sales were $23,185MM vs. $19,340MM in 2Q14. Net income was $92MM vs. $(126)MM in 2Q14. Income from operations was $464MM vs. $(15)MM in 2Q14. Diluted EPS was $0.19 vs. $(0.27) in 2Q14. Operating expenses were $22,721MM vs. $19,355MM in 2Q14. Comprehensive income was $227MM vs. $(113)MM 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.