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California-based company $MPAA achieved adjusted sales of $383.3MM in FY16. Results were supported by continued strength across all product lines which include rotating electrical wheel hubs and emerging master cylinders. The company believes the outlook is encouraging and that it is well-positioned for growth as FY17 progresses.
$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.