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$UTX said its Otis segment sales were up 1% at constant currency. The operating profit was down 13% at constant currency due to EMEA service volume and price decline, China volume and price headwind, and Mark to market FX headwind. The segment new equipment orders were up 2% during the quarter.
$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.