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$NDAQ repurchased 4.9MM shares, or approx. $255MM of common stock, in 3Q15 at an average price of $51.97. At Sept. 30, 2015, there was $226MM remaining on the buyback authorization. At Sept. 30, 2015, $NDAQ had cash and cash equivalents of $290MM and total debt of $2,435MM, resulting in net debt of $2,145MM.
$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.