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$HST said since its 1Q16 earnings call, it has repurchased 4.25MM shares of common stock for a total price of $65MM, bringing the total to $822MM since the inception of the program in April 2015. Currently $HST has $178MM of repurchase capacity remaining under its October 2015 share repurchase program.
$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.