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For 3Q16, $BCR expects constant currency sales growth of 8-9% with reported sales growth of 7-8%, which implies an FX headwind of about 1% on revenue. Organic growth is expected to be 6.0-6.5%. 3Q16 adjusted EPS is expected to be $2.51-2.55, representing 10-12% growth on a reported basis.
$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.