Want to join the conversation?
$SPLS said that it currently returned more than $300MM to shareholders annually through cash dividends. The company is balancing cash deployment through share repurchases with its strong pipeline of M&A opportunities. Given the strength of the tuck-in M&A opportunities, $SPLS chose to forgo purchasing shares during 2Q16.
$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.