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During 4Q16, in $CPRT's US operations, volume increased 14% YoverY. The increase in volume came from growth in the size and the company's share of the salvage market as well as growth in non-insurance volume. At the end of 4Q16, US inventory was up 20%. In the UK, units sold grew by 12.6% and non-insurance volume grew by 24.9%.
$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.