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$HD's total comp transactions grew by 4.3% while comp ticket increased 0.9% in 3Q15. The stronger US dollar distorted the average ticket growth. In the US, average ticket was up 2.6%. Commodity price deflation in certain products negatively impacted average ticket increase by about 40 basis points.
$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.