lululemon denies misleading shareholders on luon problems, Reuters reports Yoga pants maker lululemon said in a court filing related to a shareholder lawsuit that the company promptly addressed quality control problems with its luon pants as they became apparent and updated investors in real time, stating that "While all of this makes for interesting reading, it does not constitute securities fraud," according to Reuters. Reference Link
News For LULU From The Last 14 Days
Check below for free stories on LULU the last two weeks.
On The Fly: Analyst Downgrade Summary Brown Forman (BFA, BFB, BF.A, BF.B) downgraded to Hold from Buy at Deutsche Bank... GT Advanced (GTAT) downgraded to Underperform from Market Perform at Raymond James... Genuine Parts (GPC) downgraded to Neutral from Buy at SunTrust... InterMune (ITMN) downgraded to Neutral from Buy at UBS... Tesco (TSCDY) downgraded to Hold from Buy at Deutsche Bank... Visa (V) downgraded to Market Perform from Outperform at Raymond James... Williams-Sonoma (WSM) downgraded to Equal Weight from Overweight at Morgan Stanley... Bob Evans (BOBE) downgraded to Underweight from Equal Weight at Stephens... lululemon (LULU) downgraded to Neutral from Buy at DA Davidson... J.C. Penney (JCP) downgraded to Neutral from Buy at BTIG.