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$KMX's used vehicle revenues for FY16 increased by 6.6% from last year, resulting from 6.5% rise in unit sales. Unit sales growth included 2.4% rise in comparable store used unit sales and sales from newer stores not yet included in comparable store base. The comparable store used unit sales growth was driven by improved conversion.
$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.