According to reports, British billionaire Sir Jim Ratcliffe is on the verge of acquiring a 25% stake in Manchester United. ESPN reported on Thursday that Ratcliffe's $1.57 billion investment will be finalized next week. This deal could be confirmed as early as Monday, assuming all goes as planned. Sir Jim Ratcliffe is well-known as the chief executive of Ineos, a chemical … [Read more...] about British Billionaire Set to Acquire Stake in Manchester United
Vail Resorts Reports Q1 Earnings
Vail Resorts is set to release its earnings report for the fiscal first quarter after the market closes on Thursday. Here are the key details: Net Income: Analysts surveyed by FactSet expect Vail Resorts to post a loss of $4.59 per share for the three months ending in October, compared to a loss of $3.40 per share for the same period last year. Revenue: FactSet forecasts that … [Read more...] about Vail Resorts Reports Q1 Earnings
DocuSign Raises Outlook for Fiscal Year
DocuSign, the e-signature company, has issued its outlook for the current quarter and raised its outlook for the fiscal year. Fourth Quarter Revenue Forecast For the fourth quarter ending January 31, DocuSign forecasts revenue between $696 million and $700 million. This exceeds analysts' expectations of $694 million in revenue. Additionally, billings for the current quarter are … [Read more...] about DocuSign Raises Outlook for Fiscal Year
Lululemon Athletica Inc. Announces Lower-Than-Expected Holiday-Quarter Figures
Lululemon Athletica Inc. released its financial results for the third quarter and shared its expectations for the upcoming holiday quarter. Despite the challenges posed by an uncertain economy, the athletic-apparel company demonstrated its ability to navigate through these conditions successfully. Third Quarter Performance During the third quarter of 2022, Lululemon earned $249 … [Read more...] about Lululemon Athletica Inc. Announces Lower-Than-Expected Holiday-Quarter Figures
Finnish Transport Workers’ Union Joins Strike Against Tesla
The Finnish Transport Workers' Union has announced that it will be participating in a strike against Tesla, joining other Nordic unions in the effort. Starting on December 20, Finnish dockworkers who are part of the AKT union will be initiating a blockade of Tesla vehicles at all ports in the country. This means that no Tesla cars or components intended for the Swedish market … [Read more...] about Finnish Transport Workers’ Union Joins Strike Against Tesla
