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$QCOM shipped about 932MM Mobile Station Modem (MSM) integrated circuits for CDMA- and OFDMA-based wireless devices in FY15, up 8% from last year. However, QCT's revenues fell by 8%, and its earnings before taxes as percentage of revenues slid to 14% from 20%, primarily due to effects of shift in share among customers within premium tier.
$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.