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Incorporating 3Q15 results, $JWN updated its FY15 expectations and the company now forecasts net sales increase to be in the range of 7.5-8% from previously guided 8.5-9.5% and earnings per diluted share (excluding the impact of any future share repurchases) to be in the range of $3.30-3.40 from $3.85-3.95 guided earlier.
$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.