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For FY16, $SHLM's outlook for adjusted diluted EPS remains unchanged at $2.40-$2.45. The company has organic growth programs as well as cost and productivity initiatives underway. Leaving behind the Lucent matter, the company fully expects these focused efforts to continue to improve its operating margins for the year.
$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.