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With the completion of the Generics business sale, $AGN plans to start its previously announced $10Bil share repurchase program of its common stock in the coming days. Initially, $AGN expects to execute $5Bil in open market repurchases over the remainder of 2016. If favorable market conditions persist, $AGN plans to buy back the remaining $5Bil.
$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.