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$AFL 2Q15 PR: Total revenues decreased 9.4% to $5.3Bil in 2Q15, reflecting weaker yen/dollar exchange rate. Net earnings were $573MM or $1.32 per diluted share vs. $810MM or $1.78 per share in 2Q14. 1H15 revenues were $10.5Bil vs. $11.5Bil in 1H14 and net earnings were $1.2Bil or $2.83 per diluted share vs. $1.5Bil or $3.36 per diluted share.
$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.