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$AME said that through its vitality index, the company saw good results with revenues from products introduced over the last three years at 26% of sales in 4Q15, up from 25% vs. 4Q14. In 2016, the company expects to spend approx. $210MM on RD&E or about 5% of sales. TMC unit introduced the Everstill K-400, a compact vibration cancellation system.
$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.