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Linda Weiser of B. Riley asks about Barbie international decline. $MAT said the POS momentum in Barbie is real in the international marketplace, especially in Europe and Asia. It varies by country, but $MAT is seeing positive traction on POS overall. The company continues to look at Latin America to some extent catching up.
$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.