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Paramount Skydance’s turnaround “will take time,” says a BofA Securities analyst, who initiated coverage of the stock with an underperform rating on Friday.
No-frills pioneer Spirit Airlines filed for fresh Chapter 11 bankruptcy protection on Friday, as dwindling cash and mounting losses derailed its turnaround efforts since emerging from a previous ...
NIKE is in the early stages of a turnaround under new CEO Elliott Hill. Momentum is building in sports performance, with running revenue growing by high-single-digits powered by new franchises such as ...
In mid-July, KFC officially launched its "Kentucky Fried Comeback" turnaround campaign. The legacy fried chicken chain has lost market share to competitors like Popeyes and Raising Cane's. My first ...
Kohl’s Corp. is asking some vendors for more time to settle invoices, according to people with knowledge of the situation, as the ailing retailer adjusts its payment strategy amid efforts to execute a ...
Target Corp. named veteran Michael Fiddelke as its next chief executive officer, betting that the insider will revive the storied retailer struggling with weak sales. The company said Wednesday the ...
Trump's reversal highlights how quickly politics can shape investor sentiment. Once skeptical of Intel's ability to compete with Taiwan and South Korea, he is now openly cheering its rebound as ...