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Glass product maker $APOG reported a rise in its 4Q16 results, helped by improved pricing and productivity as well as lower material costs. $APOG said net income increased 44% to $19.9MM or $0.69 per share during 4Q16 compared to $13.9MM or $0.47 per share during the prior year. Revenue came in at $262.1MM, up 6% compared to $246.7MM during 4Q15.
$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.