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In 1Q16, $FFIV repurchased about 1.9MM shares of common stock at $105.94 per share for a total of $200MM, ending the quarter with about $1.18Bil in cash and investments. CapEx for the quarter was $13.3MM. Deferred revenue rose 23% to $837.5MM.
$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.