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For full-year 2017, $BBY reaffirmed its expectation of about flat revenue and raising its full year non-GAAP operating income growth outlook to low-single digits from prior forecast of about flat. $BBY still expects slight revenue decline in 1H17 to be offset by slight growth in the back half and in light of its 1H performance.
$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.