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$ADI, which specializes in data conversion and signal processing technology, said it expects 1Q16 revenue to be in the range of $805-855MM and GAAP EPS to be $0.59-0.67. The company expects gross margin percentage for 1Q16 to be approx. 64.3% and operating expenses to be between $292-297MM.
$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.