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$CTSH's effective income tax rate fell to 23.5% in 2Q15 from 25.9% in 2Q14. The decrease in effective tax rate was primarily due to discrete tax benefits recorded in 2015. The provision for income taxes fell to $128.7MM in 2Q15 from $129.9MM in 2Q14.
$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.