Lululemon picks former Nike executive Heidi O’Neill as next CEO

Lululemon names former Nike executive Heidi ONeill as CEO amid activist and founder pressure after weak US sales and a 38 percent stock slide, shares fall further on the news

Lululemon names former Nike executive Heidi ONeill as CEO amid activist and founder pressure after weak US sales and a 38 percent stock slide, shares fall further on the news

Bharat Coking Coal has also revised prices of its washed coking coal. The board has also approved the mechanism of import parity pricing. In-line with its MoU with SAIL, the company’s board approved the price of washed coking coal, effective…

Texas Instruments shares jump over 11% after strong forecast and data center and industrial demand surge, Q2 outlook tops estimates, capex falls, signaling broader chip recovery

Q4 Results LIVE Updates: Infosys, LTIMindtree, IEX, Union Bank of India, Aditya Birla Sun Life AMC, Adani Energy Solutions, CIE India, Bluestone Jewellery, Mahindra Logistics, Tata Capital, Sterling & Wilson Renewables, Tata Teleservices (Maharashtra), and UTI AMC are among the…

Sales at IBM’s infrastructure business grew by 15% from last year to $3.33 billion, ahead of expectations, while the consulting revenue grew by 4%, the highest since 2023 to $5.27 billion.

Sensex Today | Stock Market LIVE Updates: The Nifty had to tussle between the banks and IT stocks mid-week and once banks threw in the towel, profit booking only accelerated. The 24,350 level is an important one on the downside…

For every 10% move in LME aluminium prices, Vedanta’s EBITDA could increase by about $445 million. For the first nine months of the financial year gone by, average aluminium prices stood at around $2,634 per tonne.

Japan’s Nikkei 225 hit an all-time intraday high of 60,013.98, aided by strong gains in tech stocks. Meanwhile, South Korea’s Kospi also hit an all-time intraday high of 6,538.72 as it advanced 1.75%.

Brent traded close to $102 a barrel post jumping almost 13% in the last three consecutive sessions. Meanwhile, West Texas Intermediate was trading around $93.

Brokerage firm Nuvama raised its price target on Trent, citing a nascent earnings upgrade cycle that could support further multiple expansion.