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Primarily due to 3Q15 steep decline in equity markets, $STT anticipates that it will fall below the previously communicated 4-7% growth in operating-basis fees in 2015 and expects 2015 operating-basis NIR to be near the lower end of $2.16-2.22Bil primarily reflecting its successful efforts in reducing deposits & continued low market interest rates.
$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.