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Wafer fabrication equipment supplier $LRCX 1Q16 revenues rose 8% in 1Q16 compared to the prior quarter with Taiwan being the major contributor geographically with 28% and Japan stood next to Taiwan with 18%. $LRCX estimated approx. $146.7MM future revenues from shipments to the Japanese customers as of Sept 27, 2015.
$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.