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$PBI said that in its e-commerce business, the company added 15 retail store fronts in 2Q16, bringing the total store count to almost 240 worldwide. During 2Q16, $PBI repurchased $66MM of its common stock and bought 3.5MM shares and paid $35MM via dividends to its 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.