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Financial data firm $FDS reported a rise in 3Q16 earnings driven by an increase in annual subscription value and higher revenues. Net income rose to $66.78MM or $1.62 per share from $61.41MM or $1.45 per share last year. Revenues grew to $287.5MM from $254.52MM. Adjusted EPS increased to $1.64 from $1.46.
$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.