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Energy company $ES said it expects 2016 EPS of between $2.90 and $3.05 per share and long-term EPS growth through 2019 of 5-7%, using recurring 2015 earnings of $2.81 per share as the base value. $ES reduced its long-term EPS growth rate from a previous 6-8%, mainly due to the impact of the extension of bonus income tax depreciation through 2019.
$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.