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$PAYX, which competes with $ADP, $TNET and $NSP, said its Payroll Service revenue is expected in the range of 4-5% for FY16. Human Resource Services revenue growth is anticipated to be in the range of 10-13%. The company expects FY16 total service revenue in the range of 7-8%, and net income in the range of 8-9%.
$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.