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$TXT 2Q15 Call: Revenues in the quarter were $3.2Bil, down $258MM from last year's second quarter. Income from continuing operations was $0.60 per share, up from $0.51 from second quarter of 2014. Textron aviation operating results included a $6MM reduction to segment profit from fair value step up adjustments to acquired Beechcraft inventories.
$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.