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$NKE said inventories for NIKE, Inc. at 4Q16-end were $4.8Bil, up 12% from a year ago, helped by a 6% rise in NIKE Brand wholesale unit inventories, growth in DTC business and rise in avg. product cost per unit. $NKE's worldwide futures orders for NIKE Brand athletic footwear and apparel planned for delivery from June 2016 to Nov. 2016 was up 8%.
$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.