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Financial technology company $GDOT said it will purchase a total of $50MM of its Class A common stock under an accelerated stock repurchase transaction. Under the agreement, $GDOT will receive an initial delivery of approx. 1.9MM shares.
$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.