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Loan management, servicing and asset recovery company $NAVI said that its BoD approved an additional $700MM share repurchase program. The program does not have an expiration date. The authority adds to the previously announced $1Bil authorization announced by the company on Dec. 15, 2014.
$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.