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$CNP said its Electric Transmission & Distribution segment reported 1Q16 revenue of $660MM, which was a 8% increase from $612MM a year ago. Natural Gas Distribution and Energy Services segments reported significantly lower revenue compared to last year at $895MM and $438MM, down 25% and 32% respectively.
$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.