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$AVT said sequential growth was below seasonal at EM in 4Q16, driven by a continued decline in high volume supply chain engagements in Asia and roughly $100MM revenue miss in the Americas region related to its ERP implementation. Mainly due to these two factors, revenue fell 2.5% sequentially versus $AVT's normal seasonal range of flat to up 4%.
$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.