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$GOOG 2Q15 Call: GAAP operating profit was $4.8Bil and operating margin was 27%. GAAP net income was $3.9Bil, up 17% YoverY. GAAP diluted EPS for Class A and B shares was $4.93 and for Class C was $6.43. Higher EPS for Class C reflects impact of adjustment payment made in 2Q.
$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.