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In 2Q15, about 59% of $XYL's revenue is generated from non-US operations, down from 62% last year. As $XYL continues to grow its operations in the emerging markets and elsewhere outside of US, it expects to continue to generate significant revenue from non-US operations and expects cash will be predominately held by its foreign subsidiaries.
$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.