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$AON, which competes with $MMC and $WSH, said it repurchased 7.7MM Class A ordinary shares for approx. $750MM in 1Q16. The company has $3.3Bil of remaining authorization under its share repurchase program. Actual shares outstanding on March 31, 2016 were 264.8MM and estimated 2Q16 beginning dilutive share count is approx. 270MM.
$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.