Want to join the conversation?
$ARG acquired five businesses during 1Q16 in the Distribution business segment with aggregate historical annual sales of about $33MM. Transaction and other integration costs incurred during 1Q16 were $1.2MM and were included in SD&A expenses. These purchases contributed about $4MM in net sales during 1Q16.
$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.