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$AAP said its assumption for annual comp store sales is now expected to be between negative 3% and negative 5%. Given this updated assumption, $AAP no longer expects to achieve its annual free cash flow assumption of a minimum of $500MM for FY16. Additionally, the company is no longer targeting an adjusted operating income rate of 12% for FY16.
Late realization to $T that it cannot compete in the unlimited data market with its existing plans! Its newly launched plans seem more reasonable.
Wow, the new $HPE Pro x2 612 G2. Finally, a Surface Tab you can use for business!
$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!