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$MENT expects 3Q17 revenues of about $310MM, GAAP EPS of about $0.30 and non-GAAP EPS of about $0.42. For full-year 2017, the company reaffirmed its revenue outlook of about $1.215Bil, GAAP EPS estimate of about $1.19 and non-GAAP EPS forecast of about $1.68. Cash flow from operations in FY17 is expected to be about $200MM.
$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.