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Maker of medical devices $BSX posted loss during 2Q16 mainly due to higher operating loss and loss before income taxes. Net loss was $207MM or $0.15 loss per share vs. net income of $102MM or $0.08 per diluted share in 2Q15. Revenues rose 15% to $2.13Bil vs. 2Q15, helped by increased revenue in the company's segments, as well as in its regions.
$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.