Want to join the conversation?
$ETFC's OpEx for 4Q15 was $305MM, up $12MM from the prior quarter. This increase was influenced by a $6Bil of executive severance within the restructuring line and a $8MM one-time third party contract charge in communications line. Excluding those items, expenses were $291MM. $EFTC expects 1Q16 OpEx to be around $310MM.
$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.