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On Oct. 3, 2015, $SYMC separated Veritas operationally and is on track to close the transaction by the end of 3Q16. $SYMC expects the $2Bil capital return to shareholders ahead of the expected close of the Veritas sale. Board of Directors has authorized $SYMC to pursue a $500MM accelerated share repurchase to be executed as early as possible.
$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.