Want to join the conversation?
Global communications company $CTL reported an increase in 1Q16 results. Net income was $236MM or $0.44 per share in 1Q16 compared to $192MM or $0.34 per share in 1Q15. Operating revenues declined to $4.40Bil from last year. Adjusted net income was $386MM and adjusted diluted EPS was $0.71.
$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.