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$BF.A $BF.B, the maker of Jack Daniel's whiskey, reported a 7% decline in 1Q17 earnings due to lower sales on Jack Daniel's Family and disposition of Southern Comfort and Tuaca. Net income slid to $144MM or $0.36 per share from $156MM or $0.37 per share last year. Sales fell 5% to $856MM.
$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.