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$CLC, which competes with $DCI and $CMI, said that it maintained its previous 2016 diluted EPS and consolidated top line guidance. $CLC, however, shifted $6MM of expected full-year sales from Industrial/Environmental to Engine/Mobile. The increase of $6MM in Engine/Mobile was precipitated by higher expected sales in several international markets.
$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.