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Fresh egg producer $CALM reported 3Q16 net income of $64.2MM or $1.33 per diluted share, up 26.1% versus $50.9MM or $1.05 per diluted share in 3Q15, helped by higher sales. Net sales rose 2.8% to $449.8MM, due to higher average selling price versus same period last year.
$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.