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Consumer electronics company $GME posted year-end comps of 4.3% with overall sales growth of 0.7% or 5.4% in constant currency for FY15. GM rate was 31.2%. Adjusted net income was $415.6MM and adjusted diluted EPS was $3.90, up 12.4% from FY15.
$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.