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Resnik Asset Management analyst Paul Resnik questions about pretax being better this year than a year ago. $REX says that it doesn't hit within the quarter. The company says that it's not even one month into the quarter, but it's looking good and running at a rate better. 3Q16 pretax is running at a rate better than 3Q15.
$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.