Dow achieves best week since July after jobless rate climbs
The Dow closed Friday up 116 points, 0.3%, at 34,838, the Nasdaq Composite lost 3 points to 14,032 and the S&P 500 gained 8 points, 0.2%, to 4,516
Company
Lululemon Athletica Inc
NASDAQ:LULU
Lululemon Athletica Inc is engaged in the design, distribution and retail of technical athletic apparel, footwear and accessories. The company’s segments include company-operated stores and direct to consumer.
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Lululemon Athletica aims to double revenue by 2026 by expanding men's clothing range
The retailer said it gained more market share globally than any other brand in the adult active apparel industry from 2019 to 2021
Lululemon hires Twitch boss to lead MIRROR division
Former content head of video game streaming platform Twitch will now lead MIRROR, the yoga-pants maker’s home workout platform
Archive
US stocks close sharply higher, snapping three-day selloff
The tech-heavy Nasdaq had hit a correction with Tuesday's 4.1% retreat
Investments and investor services
LATE MOVERS: Wells Fargo stock jumps after the bell as CEO Tim Sloan resigns; TV-ratings bastion Nielsen falls as potential buyers drop out
Also making moves were Lululemon, Amarin, Deutsche Bank, and mortgage giants Freddie Mae and Fannie Mac
Late Movers: PG&E tumbles on plans to file for Chapter 11 bankruptcy after devastating fire
Goldcorp rallied after Newmont agreed to acquire it in a stock deal valued at $10 billion
Lululemon Athletica reports strong quarter on the back of booming online sales
Yoga-wear proved to be wildly popular in the quarter
PRE-MARKET MOVERS: Ulta Beauty loses its appeal but Lululemon Athletica jumps higher
A look at some of the notable stock movers before the bell in New York
Lululemon Athletica reports solid fiscal first-quarter earnings as online sales boom
Yoga wear proved to be wildly popular in the three months until April’s end
JD Sports sprints higher as athleisure craze helps to drive record profits
JD Sports’ pre-tax profits jumped by almost a quarter to £294.5mln as the younger generations continue to splash their cash on Nike jogging bottoms and EA7 t-shirts
Lululemon says it appointed Patrick Guido as New CFO
Executive will report to Stuart Haselden, chief operating officer
Lululemon Athletica Inc reports solid fourth-quarter earnings in the face of its CEO shuffle
A permanent chief executive has yet to be found for the Canadian maker of athletic gear and yoga wear