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$TAP 2Q15 Call: In US, earnings increased 8% due to lower brewing, packaging materials and fuel costs as well as higher net pricing & supply chain cost savings. Volume was lower in a weak 2Q15 for US beer industry. In Canada, underlying pretax income grew 4.3% in constant currency, due to positive net pricing & mix and substantial cost savings.
$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.