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$WWAV's net sales for 1Q16 increased by 14% to $1.04Bil from the previous year quarter. These results were driven by strong organic growth across the Americas and Europe segments, as well as contributions from acquisitions. On a constant currency basis, net sales grew 15%. Excluding acquisitions, organic constant currency net sales rose 8%.
$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.