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$LNC's gross annuity deposits for 1Q16 dropped by 21% to $2.4Bil from last year, as a decline in variable annuity sales was partially offset by a significant increase in fixed annuity sales. The percentage of variable annuity sales from products without living benefits is consistent with recent quarters at 26%.
$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.