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$TWX 1Q15 10-Q: For 1Q15, Time Warner recognized $59MM of investment losses, net consisting of $56MM of fair value adjustments relating to warrants to purchase common stock of Central European Media Enterprises Ltd. held by Time Warner and $3MM of miscellaneous investment losses. For 1Q14, investment losses net were $5MM.
$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.