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$GE still expects non-GAAP EPS of $1.45-1.55 for 2016, while lifting 2016 free cash flow and dispositions guidance to range of $29-32Bil from previous outlook of $28-31Bil. $GE expects to return about $26Bil of cash to investors in 2016 by dividend of about $8Bil and buyback of about $18Bil.
$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.