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Consulting company $ACN reported a rise in 3Q16 earnings driven by a 12% growth in consulting revenues and a 4% rise in outsourcing revenues as well as continued strong momentum in its business. Net income rose to $939.82MM or $1.41 per share from $839.98MM or $1.24 per share last year. Revenues grew to $8.97Bil from $8.28Bil.
$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.