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$AES 2Q15 Call: Delivered on commitment to investment at least $325MM in share repurchases. Today, intends to utilize approx. $100MM left on buyback authorization through remainder of this year. In 2015, between buybacks and dividends, AES will return $700MM to shareholders or approx. 8% of current market cap.
$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.