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$DHI, the largest U.S. home builder, said that 1Q16 net income rose 11% to $157.7MM, or $0.42 per diluted share vs. $142.5MM, or $0.39 per diluted share in 1Q15. The company's homebuilding revenue rose 5% to $2.4Bil vs. $2.3Bil in 1Q15, mainly boosted by home sales increases.
$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.