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$CHRW said that personnel expenses rose 14.1% in 4Q15, primarily driven by the additional headcount related to the acquisition of Freightquote, contributing approx. 9.1%. The company said that its cash flow for the quarter was $253MM. For 2016, $CHRW expects capex in the rage of $70-80MM.
$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.