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$BBY 2Q16 PR: For 3Q16, non-GAAP outlook for Domestic business is flat to low-single digit revenue growth and for International, revenue decline of approx. 30%. Expects non-GAAP continuing operations effective income tax rate to be in the range of 39-40%, vs. 38.1% in 3Q15.
$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.