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During 2Q16, $NX's consolidated net sales rose 62% to $229.5MM vs. 2Q15. The increase was mainly driven by contributions from HL Plastics. Adjusted income from continuing operations was $3.3MM or $0.10 per share during 2Q16 vs. $2.5MM or $0.07 per share in 2Q15. The YoverY EPS improvement was driven by good operational 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.