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$XLNX 1Q16 PR: Net revenues for the quarter were $549MM compared to $613MM in 1Q15, down 3% from prior quarter and down 10% 1Q15. Net income for the quarter was $148MM compared to $174MM in 1Q15. Operating income for the quarter was $178MM compared to $207MM in 1Q15.
$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.