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1. CHK:$CHK NICE a UBS UPGRADE DJ Chesapeake Energy Raised to Neutral From Sell by UBS Fri Feb 24 06:57:25 2017 EDT
2. PTLA:$PTLA upgraded to Outperform from Perform at Oppenheimer. PT $40

 

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1. J.C. Penney to shut 130-140 stores; quarterly sales drop

Department store operator J.C. Penney Co Inc (JCP.N) said on Friday it would close about 130-140 stores over the next few months, and reported a 0.7 percent drop in same-store sales for the holiday quarter.

2. Unilever says Kraft’s shock bid to spur focus on short-term value

Unilever (ULVR.L) said the shock of Kraft Heinz’s (KHC.O) opportunistic approach had jolted it to re-examine its strategy, and all aspects of the consumer goods giant’s business were up for review to increase shareholder value.

3. Cempra’s Fusidic Acid Achieves Primary Endpoint in Phase 3 Study of ABSSSI

—Fusidic acid met primary endpoint and secondary efficacy endpoints—

Technology News
    outsize success in terms of growth of market share revenues and valuation are impressive but can never excuse a culture plagued by disrespect exclusionary cliques lack of diversity and tolerance for bullying and harassment of every form.
    Freada gave a talk on hidden bias to the company in early and we have both been contacted by senior leaders at Uber though notably not by Travis the CEO for advice on a variety of issues mostly pertaining to diversity and inclusion up to and including this past weekend.
    Uber has had countless opportunities to do the right thing from signing on to the Kapor Capital Commitment to working with Project Include to building out their diversity inclusion team years ago to developing a state of the art people ops function.
    Today taking legal action against Otto and its parent company Uber for misappropriating Waymo trade secrets and infringing our patents.
    Hundreds of Waymo engineers have spent thousands of hours and our company has invested millions of dollars to design a highly specialized and unique LiDAR system.
    seeking an injunction to stop the misappropriation of our designs return all trade secret information and cease infringing our patents.
    Today taking legal action against Otto and its parent company Uber for misappropriating Waymo trade secrets and infringing our patents.
    Hundreds of Waymo engineers have spent thousands of hours and our company has invested millions of dollars to design a highly specialized and unique LiDAR system.
    seeking an injunction to stop the misappropriation of our designs return all trade secret information and cease infringing our patents.
    In a opinion and order which was published on February but only began to circulate amongst privacy lawyers and legal scholars on Twitter on Wednesday Judge David Weisman wrote that while investigators did have probable cause to search a particular home these limitations do impact the ability of the government to seek the extraordinary authority related to compelling individuals to provide their fingerprints to unlock an Apple electronic device.
    First the Court finds that the warrant does not establish sufficient probable cause to compel any person who happens to be at the subject premises at the time of the search to give his fingerprint to unlock an unspecified Apple electronic device.
    As I read the opinion the government relies on old fingerprinting cases to argue that the Fourth and Fifth Amendments stand in the way of what they are seeking to do here Abraham Rein a tech lawyer told Ars by.
    outsize success in terms of growth of market share revenues and valuation are impressive but can never excuse a culture plagued by disrespect exclusionary cliques lack of diversity and tolerance for bullying and harassment of every form.
    Freada gave a talk on hidden bias to the company in early and we have both been contacted by senior leaders at Uber though notably not by Travis the CEO for advice on a variety of issues mostly pertaining to diversity and inclusion up to and including this past weekend.
    Uber has had countless opportunities to do the right thing from signing on to the Kapor Capital Commitment to working with Project Include to building out their diversity inclusion team years ago to developing a state of the art people ops function.
    outsize success in terms of growth of market share revenues and valuation are impressive but can never excuse a culture plagued by disrespect exclusionary cliques lack of diversity and tolerance for bullying and harassment of every form.
    Freada gave a talk on hidden bias to the company in early and we have both been contacted by senior leaders at Uber though notably not by Travis the CEO for advice on a variety of issues mostly pertaining to diversity and inclusion up to and including this past weekend.
    Uber has had countless opportunities to do the right thing from signing on to the Kapor Capital Commitment to working with Project Include to building out their diversity inclusion team years ago to developing a state of the art people ops function.
    CLOSE More Options.
    Mentors show you something about yourself that you realize.
    Kunal Bahl and Rohit Bansal the founders of giant Snapdeal told employees that they would take a pay cut as they lay off hundreds of workers in a bid to make a profit a source at the company said.
    Several members of the company senior leadership team have also offered to join Bahl and Bansal in taking a pay cut said the source who decline to be identified because they were authorized to speak publicly on the matter.
    They in the company of big names like Facebook FB founder Mark Zuckerberg and Tesla TSLA CEO Elon Musk who officially take home or less.

 

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