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For full-year 2016, $MSI expects revenue to increase 5-7% and non-GAAP EPS from continuing operations to be between $4.45-$4.65. 3Q16 revenue is expected to increase 6-7% vs. 3Q15, assuming approx. $130MM in revenues related to the Airwave acquisition. The company expects non-GAAP EPS from continuing operations to be $1.17-1.22 for 3Q16.
$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.