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$CMCSA, which competes with $VIAB, $DISCA, and $CVC, said the company rose revenue and operating cash flow in 1Q16. The company also said, it has achieved 50% penetration of homes passed. Over the past 12 months, $CMCSA added 53,000 video customers in the quarter, making the company video net add positive.
$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.