Lululemon Ends Proxy Battle with Founder Chip Wilson – New Directors Join the Board
Lululemon settles dispute with founder Chip Wilson, adds new board members, and aims to refocus on growth and stability.
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Abercrombie & Fitch Beats Profit Estimates with Record Q1 Sales Despite Middle East Headwinds
Abercrombie sales hit $1.1B, up 2%. Profits down but beat expectations. Asia grew strong, outlook steady, shares rose 4%.
Manchester United Lifts Full-Year Forecast After Strong Q3 Profit and 3rd-Place Premier League Finish
Man Utd reports strong profit growth, higher revenue, Champions League return, contract renewals, and a positive outlook.
Schaeffler and Spire Global Partner to Build Sovereign European Space Infrastructure
Germany’s Schaeffler and US Spire Global join to build satellites and space tech in Europe, aiming for EU space independence.
Apogee Plunges in Premarket: Solid Eczema Drug Results, But Not Good Enough
Apogee stock fell after good but not great eczema drug results; strong data, but investors expected more.
Temu Owner PDD Holdings Misses Q1 2026 Earnings Estimates as China’s Economic Weakness Bites
PDD Holdings missed Q1 targets: revenue up but below forecasts, profits fell, costs rose; shares dropped ~6% premarket.