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$PNTR said it has signed a binding agreement to buy Cielo Telecom, a fleet management services company based in South Brazil. In consideration for this acquisition, $PNTR will make a cash payment of about $6.5MM. CEO David Mahlab said $PNTR expects this acquisition to position it as one of leading fleet management companies in Brazil.
Can you imagine a food store with no cash registers? Well, it is coming true soon thanks to $AMZN. The company is opening its new grocery store in Seattle and it has no cash registers. AI takes over!
$AVGO reports 4Q earnings today. I am wondering what to expect.
$SHLD seems to be rolling down the curve, it has been reporting net loss for the past many quarters. The Company Board seems to be doing nothing to stem this trend.