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$FCX paid dividends on common stock totaling $605MM in 2015. In March 2015, the Board reduced the annual common stock dividend from $1.25 per share to $0.20 per share, and in December 2015, the Board suspended the annual common stock dividend. These actions will provide annual cash savings of approx. $1.6Bil.
$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.