Want to join the conversation?
During 3Q16, $QCOM's non-GAAP tax rate was 19%, up modestly against expectations due to a higher mix of licensing revenues. The company expects non-GAAP tax rate to be approx. 18% for FY16. For 4Q16, the company expects non-GAAP combined R&D and SG&A expenses to be down approx. 2-4% sequentially, reflecting strategic realignment plan cost actions.
$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.