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Building materials maker $EXP reported higher revenue for 4Q16, but earnings fell on an interest expense it incurred for the period. The company reported earnings of $39.2MM, or $0.80 per share in 4Q16, compared with earnings of $46.8MM, or $0.93 per share a year ago. Revenue rose to $252.1MM.
$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.