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$FOSL said, from a sales perspective, the Fossil brand was flat to last year in constant dollars. There was growth in 1Q16 for the leathers category, led by women's handbags. Growth in leathers was offset by a decline in jewelry and a slight decline in watches in the Americas. Sales growth in Europe and Asia was offset by a decline in the Americas.
$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.