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For FY17, $BR expects total revenue growth to be in the range of 43-45%, diluted EPS growth to be between 9-14% and adjusted diluted EPS growth to be between 12-17%. The company anticipates free cash flow to be in the range of $350-400MM, closed sales to be between $140-180MM and adjusted operating income margin to be approx. 15% for FY17.
$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.