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$BDX's FY15 gross profit margin fell to 45.7% from 2014. The fall reflected an unfavorable impact of 550 BP on purchase accounting adjustments to reflect CareFusion's inventory at fair value on the acquisition date and an estimated unfavorable impact of 50 BP relating to FX translation and a favorable operating performance impact of approx 80 BP.
$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.