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$TSS said that it has repurchased 3MM shares in 4Q15 for $158.6MM, bringing the total for the year to 5.2MM shares for $242.1MM. Including its dividends of $73.7MM, the company returned $315.8MM to its shareholders, which was in excess of 92% of available free cash flow for 2015 and an increase of 31.5% over 2014.
$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.