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$DPS 2Q15 PR: Segment results: Beverage Concentrates $330MM vs. $327MM in 2Q14; Packaged Beverages $1,188MM vs. $1,154MM in 2Q14; Latin America Beverages $137MM vs. $150MM in 2Q14. The effective tax rate was 35.5% vs. 35.1% in 2Q14. YTD, DPS generated $349MM of cash from operating activities vs. $438MM in 2014.
$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.