Want to join the conversation?
$HP reported a 3Q16 loss of $21.2MM or $0.20 per share compared to a profit of $90.87MM or $0.83 per share last year, due to lower revenue, lower levels of activity and rig margins. Operating revenues dropped to $366.49MM from $661.45MM. Segment operating income for U.S. land operations fell to $26MM from $63MM a year ago.
$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.