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In 2Q16, $ADI's industrial end market revenue fell slightly versus 2Q15 due to lower demand for products sold into this end market. Consumer revenue decreased due to lower demand for products sold into portable and home entertainment sectors. Communications revenue decreased due to lower demand for products used in wireless base stations.
$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.