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$RHT FY15 10-K: Gross profit margin decreased slightly to 84.7% from 84.8% in FY14 primarily due to increased staffing costs to support emerging technology offerings like Red Hat Enterprise Linux OpenStack Platform and OpenShift by Red Hat. Regional YoverY variations are mainly due to slight product mix shifts between subscriptions and services.
$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.