Want to join the conversation?
$LRCX beats its EPS guidance by 14% in its 3Q15 earnings. Net income for the quarter was $288.7MM or $1.66 per diluted share on a GAAP basis. Gross margin was 45.1% of total revenue. The September 2015 operating expenses, operating margin, net income and income per diluted share were negatively impacted by $7.3MM of restructuring charges.
$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.