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$AGN said its BoD has authorized new share repurchase program of up to $10Bil of common stock. $AGN expects to execute $4-5Bil in open market repurchases over 4-6 months. The share repurchase program is pending completion of and receipt of proceeds from divestiture of $AGN's Global Generics business to Teva, expected to close by end of June 2016.
$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.