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Performance management company $NLSN said its BoD approved a new $500MM share repurchase authorization which is expected to be largely executed by the end of 2017. This authorization is in addition to about $350MM expected to be available for repurchase as of December 31, 2015 under an existing authorization.
$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.