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In 1Q16, $AAL returned more than $1.6Bil to stockholders through the payment of $61MM in quarterly dividends and the repurchase of $1.6Bil of common stock or 39.3MM shares at an avg. price of $39.76 per share. The company also declared a dividend of $0.10 per share to be paid on May 18, 2016, to stockholders of record as of May 4, 2016.
$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.