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During 3Q15, $CAT's sales were down 19% YoverY, driven by lower sales volume, negative FX translation of about 3.5%, and negative price realization. Energy and transportation was the biggest contributor to the $2.5Bil decline in sales, as they accounted for about $1.4Bil of it.
$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.