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Bakery foods producer $FLO reaffirmed its sales and earnings guidance for FY16 and expects sales of $3.986-4.080Bil, a growth of approx. 5.5-8% over FY15. EPS guidance is unchanged at $0.98-1.04, excluding accretion related to the Accelerated Share Repurchase announced in March, 2016, representing growth of approx. 6.5-13% over FY15.
$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.