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Pharmaceutical products manufacturer $LCI said it has revised its FY16 guidance and now expects net sales in the range of $555-565MM. The company said its net sales and profitability are evenly split between 3Q16 and 4Q16, and expects CapEx in the range of $30-40MM.
$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.