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$EQR 2Q15 Q&A: Spector of BofA asked about rent growth in 2016. David replied we all feel very bullish & continue to be very bullish on the overall demand for housing particularly in high-density urban markets in which we focused & we expect supply to be down in 2016 vs. 2015. So, you can read into that & we think 2016 should be a very good year.
$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.