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BofA Merrill Lynch analyst Jamie Feldman probes that based on the leasing done, when does $BXP see the inflection point for same store to turn positive. CFO Michael LaBelle says that the company expects it to positive, about 2-4% in 2016. It has been higher than the first two quarters, so it is just going to come down a little bit.
$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.