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The energy company $COP posted a 3Q15 net loss of $1.07Bil or $0.87 per share, compared to a profit of $2.70Bil or $2.17 per share last year. Total revenue and other income slipped to $7.51Bil from $12.92Bil. Adjusted loss was $466MM or $0.38 per share, compared to a profit of $1.61Bil or $1.29 per share last year, due to lower realized prices.
$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.