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$BBY 1Q16 10-Q: Gross profit increased approximately 3.2% from a year-ago period while declined approximately 33% on a sequential basis. Gross profit as percent of sales increased 150 basis points from a year-ago period and increased 250 basis points sequentially.
$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.