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$EMC's effective income tax rate for 3Q15 fell to 24.1% from 24.7% in the previous year quarter. This decrease was due primarily to fall in tax contingency reserves and lower state taxes partially offset by lower tax rate differential for international jurisdictions. There were also differences in discrete items, net impact of which is immaterial.
$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.