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$COF 2Q15 Call: Earned $830MM or $1.50 per share and had return on average tangible common equity of 11%. On a continuing operations basis, earned $1.48 per share. Net income was down $285MM driven by lower linked-quarter pre-provision earnings and higher provision expense.
$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.