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$DPS continues to expect inflation in operating expenses and an increase in health & welfare and risk insurance expenses of approx. $30MM collectively in 2015. Marketing spending is expected to be approx. 7.6% of net sales in 2015, which implies an increase in 4Q15, driven by incremental YoverY college football activity.
$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.