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Shannon Cross of Cross Research asks about balance sheet and use of cash. $HPQ CEO Dion Weisler said the company has been clear on its capital allocation framework. Share repurchase is a key part of the capital allocation priorities. Dion also said that there is other parts of business the company needs to invest in.
$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.