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For 2Q16, $LLTC reported GM of 75.7% of sales. OpEx was $113.3MM. BoD approved a raise in quarterly dividend to $0.32 per share from $0.30 per share. Company will pay a dividend of $0.32 per share on Feb. 24 to stockholders of record on Feb. 12.
$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.