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$HBI expects total company net sales for the remainder of the year to be slightly greater in 3Q than 4Q. $HBI sees GAAP EPS of $0.43-0.45 for 3Q16 and $0.47-0.55 for 4Q16. EPS, excluding pretax charges related to acquisitions, integrations and debt refinancing, is expected to be $0.55-0.57 in 3Q and $0.57-0.61 in 4Q.
$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.