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Lake Bluff, Illinois-based health care company $ABT reported net income of $767MM or $0.51 per diluted share in 4Q15, an increase of nearly 15% compared to a year-ago quarter. Fourth-quarter worldwide sales of $5.2Bil increased 4.9% on an operational basis & decreased 3.1% on a reported basis.
$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.