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For 3Q16, $EMR's underlying sales is expected to be approx. flat, excluding negative currency translation and an impact from completed divestitures of 1% each. Reported sales are expected to fall approx. 2%. Adjusted EPS is expected to be approx. flat at $0.85, excluding certain items and reported EPS is expected to be approx. $0.63 for 3Q16.
$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.