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Betty Chen with Mizuho Securities asks if the inventory is adequately clean at the company and if there is any carryover in 2H16. $ANF said the company feels good about its inventory position across the globe, not only in terms of the overall quantity but also the content of it. Also, inventory management has been a strength of the company.
$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.