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$JNJ, which competes with $CL and $PFE, said it sees 2016 sales of $70.8-71.5Bil, reflecting expected operational growth of 2.5-3.5%. Excluding impact of acquisitions, divestitures and hepatitis C sales, operational sales growth is expected to be 4.5-6%. $JNJ sees adjusted EPS of $6.43-6.58, reflecting operational growth estimate of 5.3-7.7%.
$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.