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$BAS' CEO Roe Patterson said Feb. activity was soft due to low levels of customer spending, which reduced well servicing utilization. Pumping services utilization was impacted by several projects being delayed by customers. 1Q16 revenue is expected to be 16-17% lower sequentially due to near-term uncertainty and projects being delayed by customers.
$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.