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$LEG said its BoD announced a $0.02 dividend increase, its largest quarterly dividend increase since 2007. 2Q16 dividend of $0.34 per share reflects 9.7% or $0.03 growth versus the $0.31 per share dividend declared in 2Q15. The dividend will be paid on July 15, 2016 to shareholders of record on June 15, 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.