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$MENT said booking volume was about avg. for 1Q17, down 10% from last year, yet 25% ahead of what was embedded in guidance. Scalable Verification was down 45% compared to 1Q16. New and Emerging Products were down 30% and Services were down 20% from last year. IC Design to Silicon fell 10% while Integrated System Design grew 30%.
$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.