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$GPS 2Q15 Call: FY15 Outlook: EPS guidance range of $2.75-280, this range excludes charges associated with our strategic actions. With regard to those actions, we now estimate the charges to be around $130-140MM. Excluding the cost associated with our strategic actions, we continue to expect operating margins to be down about a point versus 2014.
$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.