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$PCP 1Q16 Q&A: Spingarn of Credit Suisse asked about Military Space improvement. Mark replied that there was a gap that occurs at some of the production program. There was a kind of a lag between whatever rates that PCP has. It was about a 4-6 months contracts, now been established on top. It’s more of just a gap between the two production rates.
$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.