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$XRAY said that 4Q15 top line growth was hit hard by the currency devaluation around the globe. Total growth, excluding precious metal fell 6.5% on an 8% negative currency impact. Constant currency growth was up 1.5% of which 1% was internal growth and 0.5% was net acquisitions. US was up 3.1%, Europe was down 2.1% and RoW was up 4.6%.
$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.