Elliott Invests $1B in Lululemon, Eyes New CEO
Activist investor Elliott Management acquires over $1 billion stake in Lululemon and proposes retail veteran Jane Nielsen as potential CEO to help turn around the struggling athletic wear brand.
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Lennar's Q1 Home Order Forecast Misses Estimates Amid Market Pressures
Lennar Corp. projects lower-than-expected first quarter home orders as affordability issues and job market weakness keep buyers hesitant. Shares declined in after-hours trading.
The Children's Place Reports Major Q3 2025 Loss, Missing Expectations
The Children’s Place reported dismal third-quarter results, posting a major loss, missing revenue targets, and struggling with failing e-commerce performance and mounting tariff costs.
Cardone Ventures Makes $89M Bid for PetMeds
Cardone Ventures, led by Grant Cardone and Brandon Dawson, submits $4.25/share cash offer to acquire PetMed Express, valuing the pet pharmacy at $89 million.
Craig-Hallum Initiates Buy on Jumia with $18 Target
Craig-Hallum starts coverage of Jumia with a Buy rating, highlighting growth potential in African e-commerce and long-term upside of $125-$250 per share.
BofA Boosts Estee Lauder Price Target to $130, Names It a Top Beauty Pick
BofA raises Estee Lauder price target to $130 and adds it to its top “US 1 list,” citing strong growth potential and the Beauty Reimagined plan.