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$ABBV 2Q15 10-Q: Net revenues were $5,475MM vs. $4,926MM in 2Q14. Operating earnings were $1,852MM vs. $1,515MM in 2Q14. Net earnings were $1,366MM vs. $1,098MM in 2Q14. Diluted earnings per share were $0.83 vs. $0.68 in 2Q14. R&D expenses were $981MM vs. $834MM in 2Q14.
$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.