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Biopharma company $BXLT reported 4Q15 net income of $95MM or $0.14 per diluted share, including net after-tax special items of $292MM, mainly for intangible asset amortization and expenses associated with $BXLT's separation from $BAX. Adjusted net income was $387MM or $0.57 per diluted share versus outlook of $0.55-0.57 per diluted share.
$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.