Want to join the conversation?
$BID also reported progress in repurchasing its common stock under its previously announced $325MM repurchase authorization. Thus far in 2016, as of May 6, $BID has repurchased 8.0MM shares at an average price of $24.24, leading to a 12% reduction in the number of shares outstanding from period to period.
$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.