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For 2Q16, $TEL expects net sales to be $2.88-3.08Bil, exceeding previous guidance of $2.98-3.07Bil and GAAP EPS to be $0.78-0.86, including acquisition-related charges and restructuring and other charges. For 2016, the company expects net sales of $11.9-12.7Bil and GAAP EPS to be $3.66-4.06, including acquisition related charges and other charges.
$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.