Want to join the conversation?
$PNR has raised its dividend for 39 consecutive years now and dividend yield remains at above 2%. 4Q15 $PNR tax rate is expected to remain at around 23% and net interest and other is expected to be around $34MM, including approx. $16MM of new debt from ERICO acquisition. For FY15, core sales is expected to decline approx. 4%.
$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.