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The security and aerospace company $LMT now expects 2015 EPS of about $11.30, the high-end of prior $11-11.30 forecast. $LMT now expects 2015 sales of about $45Bil, the high-end of previous $43.5-45Bil guidance range. For 2016, $LMT expects net sales to be comparable with 2015 and that total business segment operating margin to be 11-11.5% range.
$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.