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In 1Q17, $NVDA entered into a $500MM accelerated share repurchase agreement and paid $62MM in quarterly cash dividends. $NVDA will pay its next quarterly cash dividend of $0.115 per share on June 20, 2016, to all shareholders of record on May 26, 2016. For FY17, $NVDA will return about $1Bil to shareholders through dividends and share repurchases.
$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.