Corporate Governance

Alternative Data Show Why Gap Absolutely Must Keep Old Navy In-House

Posted: January 17, 2020 at 1:30 pm

There have been some rather harsh changes over the past two decades when it comes to selling apparel and in all levels of retailing. The so-called Retail Apocalypse is undeniably ...
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Gap Is Still Falling Apart

Posted: January 17, 2020 at 6:15 am

The market rewarded news that Gap Inc. (NYSE: GPS) will not spin out its Old Navy brand, which has done better than the company's other divisions. The decision could not ...
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Gap’s Surprise: ‘We Are Keeping Old Navy … Oh, and We Are Raising Earnings Guidance!’

Posted: January 16, 2020 at 4:38 pm
Last updated: January 17, 2020 7:25 am

There are many cycles that run through the business world. Over the past 20 years Wall Street has seen its waves of telling companies "buy other companies for scale and ...
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A Record Number of Women Become CEOs in 2019, but Is That Good Enough?

Posted: January 15, 2020 at 11:24 am

While 2019 saw a new record total of women appointed as chief executive officers of U.S. companies, the percentage of women ascending to the top job actually declined. Last year, ...
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Record Number of US CEOs Left Their Jobs in 2019

Posted: January 8, 2020 at 12:50 pm

The number of U.S. CEOs who left their jobs in December added to a record number of fourth-quarter departures, according to outplacement firm Challenger, Gray & Christmas. A total of ...
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Another Big Round of Venture Funding for Rivian

Posted: December 24, 2019 at 11:10 am

2019 has been a very good year for electric vehicle maker Rivian. The company had raised about $1.55 billion in new cash by September, and on Monday it announced a ...
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Boeing Ousts CEO, Names Chairman to Take Over

Posted: December 23, 2019 at 10:30 am
Last updated: December 24, 2019 5:57 am

In a "Here's your hat, what's your hurry" announcement Monday morning, Boeing Co. (NYSE: BA) said that now-former CEO Dennis Muilenburg has resigned effective immediately and that the company's board ...
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US Steel Cuts Dividend, Halts Buybacks, Chops Up to 1500 Jobs

Posted: December 20, 2019 at 8:05 am

In separate announcements Thursday after markets had closed, United States Steel Corp. (NYSE: X) announced that it plans to shut down a "significant portion" of its Great Lakes Works and ...
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Match Group, IAC Splitting Up

Posted: December 19, 2019 at 8:15 am

Match Group Inc. (NASDAQ: MTCH) and IAC/InterActiveCorp (NASDAQ: IAC) announced Thursday morning that the two companies are getting divorced. Match, which has been operating as a subsidiary of IAC since ...
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Collapsing Bed Bath & Beyond Can’t Fire Its Way to Survival

Posted: December 18, 2019 at 6:30 am

New Bed Bath & Beyond Inc. (NASDAQ: BBBY) CEO Mark Tritton has decided that among his best moves to turn around the company is to fire virtually all senior management. ...
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Could Boeing’s 737 Max Production Halt Come Back to Haunt the Company?

Posted: December 17, 2019 at 8:15 am

In a press release issued after markets closed Monday, Boeing Corp. (NYSE: BA) announced that it will "temporarily suspend" production of the company's 737 Max passenger jet beginning in January. ...
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Will Boeing Halt or Just Slow Down 737 Max Production?

Posted: December 16, 2019 at 11:30 am

Ever since Boeing Co. (NYSE: BA) 737 Max passenger jets were grounded in March, the company has been building them at a rate of about 42 planes a month, a ...
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America’s Worst-Managed Companies of 2019

Posted: December 10, 2019 at 6:10 am

Several of America's largest companies have posted poor results, based on both their stock prices and financial reports. Some of these are perennial losers, trailing other companies in their sectors ...
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Why Wall Street Is Discounting the Larry and Sergey Exit of Google and Alphabet

Posted: December 4, 2019 at 11:25 am
Last updated: January 6, 2020 12:46 am

At some point, being a multi-billionaire and running one of the top companies in the world takes its toll. Throw in the political scheme that is targeting legitimate wealth, an ...
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Subway War With Franchises Heats Up

Posted: December 2, 2019 at 6:15 am
Last updated: January 11, 2020 3:00 am

Subway's management believes that among the best ways to revive flagging sales is to cut prices. This, in turn, will hurt the finances of its franchise owners. The tension between ...
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