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$FINL said as of Aug. 27, 2016, consolidated merchandise inventories grew 1.6% to $372.3MM versus $366.3MM as of Aug. 29, 2015. The company repurchased 1MM shares of common stock for $21.3MM in 2Q17, and has 5.3MM shares remaining on its current Board authorized repurchase program.
$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.