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$MEI said it maintained its fiscal 2017 guidance of sales in the range of $820-$845MM, income from operations in the range of $102-$117MM and earnings per share in the range of $2.11 to $2.35. Sales guidance considers pricing concessions and reductions of approx. $13.0MM on purchased displays negotiated by a customer, the company said.
$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.