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Medical supplies maker $PDCO reported a rise in 3Q16 earnings on solid organic revenue growth and expanded margins at Dental and Animal Health businesses. Net income rose to $56.44MM or $0.59 per share from $54.68MM or $0.55 per share in 3Q15. Sales grew to $1.4Bil from $958.63MM. Adjusted EPs from continuing operations increased 39% to $0.68.
$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.