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During 3Q16, $NKE repurchased a total of 24.3MM shares for approx. $1.5Bil and concluded the company's previous four-year, $8Bil share repurchase program approved by the BoD in Sept. 2012. Under this program, $NKE purchased a total of 197.1MM shares at an average price of approx. $40.58.
$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.