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$QCOM is seeing stronger 1Q16 relative to prior guidance as 3G/4G device average seling prices and shipments are favorably impacting the licensing business, and benefits are being realized from cost actions throughout it. $QCOM now sees to be at or modestly above high end of prior GAAP and Non-GAAP EPS forecast for 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.