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$SJM 1Q16 Call: FY16 Outlook: We expect net sales of approx. $8Bil including the contribution of Pet Foods along with legacy business growth of approx. 3%. Non-GAAP earnings per share are expected to be in the range of $5.65-5.80 for year. Excluding amortization expense of approx. $1.15 per share, this will result in adjusted EPS between $6.80-6.95
$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.