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For 2Q16, $RAX expects revenue to be $519-524MM. Excluding the expected negative impact of currency movements and a small divestiture, $RAX expects normalized YoverY growth rate for 2Q16 to be 8-9%. For full-year 2016, $RAX expects revenue to be $2.08-2.16Bil. Excluding items, normalized growth rate for 2016 is expected to be 6-10%.
$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.