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$KMB, which competes with $PG and $CL, said for the full year 2016, it is now targeting mid single-digit organic sales growth for its developing and emerging markets business. The company has lowered its expectations for selling price increases, mainly due to an improved currency outlook in Latin America and Eastern Europe.
$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.