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$CREE targets revenue from continuing operations in a range of $310-330MM for 2Q17. GAAP income from continuing operations is targeted at $2-5MM, or $0.02-0.05 per diluted share. Non-GAAP income from continuing operations is targeted in a range of $4-10MM, or $0.04-0.10 per diluted share.
$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.