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$WU 2Q15 PR: C2C revenues declined 3%, transactions increased 3%. C2B revenues grew 8%. Western Union Business Solutions revenues decreased 1%. Western Union recorded a pre-tax charge of $35.3MM related to its Paymap subsidiary’s settlement with the CFPB.
$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.