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$HRL sees Jennie-O Turkey Store (JOTS) to return to growth in 2H16 if there are no significant recurrences of HPAI, on strong demand for branded Jennie-O products and increased promotional support. Volumes will remain constrained in early part of FY16 as flock rebuilding process continues after significant bird losses in spring of 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.