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$LRCX's FY15 revenue grew 14.2% to $5.26Bil, reflecting the steady increase in technology inflections' spending as well as incremental market share gains. Gross margin as a percentage of revenue fell 0.2 points to 43.4%, due primarily to less favorable product mix partially offset by improved factory utilization on higher production volumes.
$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.