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During 2Q15, $C continued to raise capital through a non-cumulative perpetual preferred stock issuance amounting to about $2Bil, resulting in a total of about $14Bil outstanding as of June 30, 2015. $C also returned a total of $1.7Bil of capital to common shareholders in the form of share repurchases and dividends.
$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.