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In 2015, $ATVI's sales and marketing expenses rose versus 2014, mainly due to increased spending on sales and marketing activities to support the launch of Guitar Hero Live and Heroes of the Storm. G&A expense fell in 2015 due to realized and unrealized gains from foreign currency derivative contracts and lower stock-based compensation expense.
$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.