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$CTL expects 3Q16 operating revenues of $4.35-4.40Bil and core revenues of $3.90-3.95Bil. $CTL sees operating cash flow of $1.56-1.61Bil and adjusted EPS of $0.52-0.57. $CTL expects rise in data integration revenues and continued growth in strategic revenues to be offset by expected decline in legacy revenues, resulting in lower revenues forecast.
$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.