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$MMM narrowed its 2016 EPS guidance to range of $8.15-8.30 from previous forecast of $8.10-8.45. This revised forecast represents a YoverY growth of 8-10%. The company lowered its 2016 tax rate outlook to range of 29-29.5% from previous estimate of $29.5-30.5%.
$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.