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$SCHL's Children's Book Publishing and Distribution segment revenue rose 104% in 1Q17, helped by performance of Harry Potter and the Cursed Child, Parts 1 and 2, as well as other new releases. Education segment revenue rose 10% vs. 1Q16, helped by higher sales of classroom books and magazines, while International segment revenue rose 23% vs. 1Q16.
$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.