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For 2016, $GD expects total revenue to be between $31.6Bil and $31.8Bil, with operating margin around 13.3%. Revenues in Aerospace, Combat and Marine groups are expected to be slightly up or similar to the 2015 level, while Information Systems and Technology group will have a modest revenue improvement in 2016.
$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.