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During 3Q16, $RHT's deferred revenue came in at $1.49Bil, which is an increase of 14% YoverY. The negative impact to deferred revenue from changes in foreign exchange rates was $78MM YoverY. On a constant currency basis, total deferred revenue would have been up 20% YoverY.
$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.