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$TGNA said that its long-term debt outstanding was $4.3Bil and total cash was $102.2MM at the end of the quarter. During 2Q16, the company repurchased approx. 3.3MM shares of its outstanding stock for $75.5MM and it paid dividends of $30.6MM, returning $106.1MM to shareholders.
$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.