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$MKC 2Q15 Call – Gordon, CFO: In total for consumer business, adjusted operating income was $81MM vs. $86MM in 2Q14. In constant currency, adjusted operating income was comparable to the year ago period, with the impact of sales growth and cost savings offset by the unfavorable impact of material cost, and retirement benefit expense & product mix.
$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.