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Effective tax rate in 2015 was 5.9% vs. 22.1% in 2014 for $BDX. The impact on $BDX's income mix reduced the effective income tax rate in 2015 by 1,720 BP as the tax benefits on these specified items were primarily incurred in higher tax jurisdictions. The fall in income tax rate in FY15 also reflected the extension of the US R&D income tax credit.
$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.