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In 1Q16, $GLW posted core sales of $829MM in its largest segment, Display Technologies, down from $972MM in 1Q15. In Optical Communications, sales were $609MM and in Environmental Technologies, sales were $264MM. Specialty Materials had sales of $227MM and Life Sciences had sales of $204MM in 1Q16.
$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.