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Medical technology company $MDT said its BoD has approved a dividend of $0.43 per share, up 13% over 2Q15. The raised dividend is payable Oct. 21, 2016 to shareholders of record on Sept. 29, 2016. Company expects its 2Q17 dividend to be treated for US tax purposes as a distribution of earnings and not a return of capital.
$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.