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Bank of America analyst Curtis Nagle questions $GME on the free cash during the quarter and how much of the inventory was pre-owned. CFO Robert Lloyd says that $GME is not revising it for the year at this time. The company saw a healthy increase in its pre-owned inventory. There was inventory for titles launched in early May.
$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.