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Semiconductor equipment supplier $AMAT said that its BoD has approved a new $2Bil share repurchase program, following the completion of the $3Bil share repurchase program approved on April 26, 2015. In addition, the BoD has approved a quarterly cash dividend of $0.10 per share, payable on Sept. 15, 2016 to holders of record as of Aug. 25, 2016.
$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.