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In 9 months of FY15, $BBBY repurchased about 11.5MM shares for total cost of about $773.5MM, bringing total to about 174MM shares for total cost of about $9.3Bil since initial authorization in Dec. 2004. $BBBY has about $2.61Bil remaining of authorized share repurchases as of Nov. 28, 2015.
$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.