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Board of Directors of $CMI approved a new $1Bil share repurchase program, effective Nov. 10, 2015, to commence upon completion of the existing $1Bil share repurchase program, which was approved in July 2014. The approval of the new share repurchase program is consistent with the company's plans to return 50% of operating cash flow to shareholders.
$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.