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For FY17, $AIR expects consolidated sales to be in the range of $1.7-1.8Bil and diluted EPS from continuing operations to be in the range of $1.30-1.40, which at the midpoint represents an increase of 16.4% vs. FY16. The company expects a seasonally low 1Q17 with results improving steadily throughout the year, said CEO David Storch.
$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.