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$PDCO said it expects operating margins in the Animal Health segment to continue to expand going forward. For the full year 2017, the company has forecasted operating margins on an adjusted basis of 4-5% in the Animal Health segment. The company added that adjusted operating margins in this segment rose 24 BPs to 4.6% in 4Q16.
$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.