Want to join the conversation?
$MKC expects 2016 sales to grow 4-6% in constant currency. Including the impact of unfavorable currency rates, sales is expected to grow 1-3%. 2016 operating income is expected to grow 17-20% versus $548MM in 2015. Adjusted operating income is expected to grow 6-8% versus $614MM in 2015.
$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.