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Cybersecurity company $SYMC has announced the next phase of its $5.5Bil capital return program by launching a $1Bil accelerated share repurchase (ASR) transaction. This transaction is the first in a series of buyback transactions totaling $2.3Bil that $SYMC Board is committed to executing between March 2016 and March 2017.
$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.