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After Sept. 30, 2015, $AES repurchased additional 1.6MM shares at $16MM, bringing cumulative repurchases from July 2010 through Nov. 4, 2015 to 139.5MM shares for $1.7Bil. On Nov. 2, BoD authorized further rise in Stock Repurchase Program by additional $400MM, which brings total authorization to $2.1Bil. As of Nov. 4, $400MM remains available.
$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.