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In 2Q17, $KFY expects to incur restructuring charges ranging from about $0.5MM to a little over $1MM related to real estate consolidation, in addition to incremental integration and acquisition costs of $5.5-6.5MM. The most significant part of the acquisition cost is about $4MM of ongoing Hay Group acquisition-related retention bonuses.
$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.