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Hardware stores operator $LOW said its US home improvement business achieved 5.5% comps for 4Q15 with all 14 regions generating positive comps. During 4Q15, the company generated positive comps in all 13 product categories and drove 79BP of adjusted operating margin expansion.
$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.