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Banking company $UCBI said that its Board of Directors has authorized a new stock repurchase program of up to $50MM of its outstanding common shares that may be acquired through Dec. 31, 2017. The company said that the repurchased shares will become treasury shares and may be utilized for general corporate purposes.
$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.