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$KNDI 2Q15 PR: For 3Q15, KNDI expects net revenues to be in the range of $49-51MM with GM in the range of 13.5-14.5%. Company also expects the JV Company to deliver 5,500 to 6,500 EV products in 3Q15 and a total of 20,000-25,000 EV products in FY15.
$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.