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$IPAR expects 2016 net sales to be $500-510MM. Excluding the impact of tax settlement with French Tax Authorities, net income attributable to $IPAR is expected to be $1.05-1.10 per diluted share; inclusive of the tax settlement, net income is expected to be $1.01-1.06 per diluted share for 2016.
$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.