turnaround
Coverage of turnaround in the Nexus archive.
- Porsche Earnings Rise After Selling More of its Pricier Cars
Porsche AG's first-half profitability increased, leading the company to reaffirm its full-year earnings guidance. The rise in earnings is attributed to higher sales of more expensive vehicles.
- Intel's turnaround under CEO Lip-Bu Tan gains steam with another strong quarter
Intel's CEO Lip-Bu Tan has driven a company turnaround, marked by a strong quarter within a year of his leadership.
- FedEx's yearslong turnaround is facing a big test after executing on a major catalyst
FedEx's long-term business transformation is being tested following a significant catalyst. Investors are assessing whether the anticipated benefits of this change are beginning to materialize.
- Citigroup shares outperform down market after Trump endorsement
Citigroup shares fell 1%, outperforming the broader market and other major banks after Donald Trump praised the bank's turnaround in a social media post. The performance occurred under Jane Fraser's leadership at the financial institution.
- Citi CFO Sees Trading Revenue Jump as CEO Fraser Drives Turnaround
Citi's CFO anticipates an increase in trading revenue as CEO Fraser leads a corporate turnaround. The article references traders at the New York Stock Exchange.
- Lululemon admits far more work is needed for a turnaround, and its stock sinks
Lululemon acknowledges significant challenges in its turnaround efforts and has lowered its full-year sales forecast. The company's stock price declined following the announcement.
- Nissan's annual debt payments hit $690m, slowing turnaround
Nissan's annual debt payments reached $690 million, which is slowing the company's efforts to recover.