|June 11, 2014|
|12:25 EDT||LULU||lululemon issues statement in response to Chip Wilson|
lululemon athletica issued the following statement in response to a press release issued by Chip Wilson: "The lululemon Board of Directors and management team have been consistently focused on enhancing shareholder value and will continue to take actions to achieve this objective. The Boardís commitment to the value and reputation of the lululemon brand and the constant focus by the Board and management on the Companyís mission and core values is critical to enhancing long-term shareholder value. The Board is overseeing lululemonís strategy to strengthen the Companyís foundation, focus its product engine on innovation, and accelerate sustainable and controlled global expansion. By leveraging its design-led roots, strengthening its supply chain and providing an exceptional guest experience, we are confident that lululemon, under new CEO Laurent Potdevinís leadership, will provide guests with the high-quality, technical products they know and love and create value for shareholders. Contrary to Mr. Wilson's assertions, lululemonís Board members are aligned with the Companyís core values and possess the necessary expertise to successfully lead lululemon forward."
News For LULU From The Last 14 Days
|October 16, 2014|
|10:01 EDT||LULU||On The Fly: Analyst Downgrade Summary|
Today's noteworthy downgrades include: Akamai (AKAM) downgraded to Market Perform from Outperform at Wells Fargo... CGG SA (CGG) downgraded to Reduce from Neutral at Nomura... Central Valley Community (CVCY) downgraded to Hold from Buy at Sandler O'Neill... DSM (RDSMY) downgraded to Neutral from Buy at Nomura... Disney (DIS) downgraded at Guggenheim... Francesca's (FRAN) downgraded to Underperform from Outperform at Macquarie... Netflix (NFLX) downgraded to Fair Value from Buy at CRT Capital... Nordstrom (JWN) downgraded to Neutral from Outperform at Macquarie... Norfolk Southern (NSC) downgraded at Credit Suisse... Rio Tinto (RIO) downgraded to Market Perform at Cowen... Seadrill (SDRL) downgraded to Reduce from Neutral at Nomura... Ternium (TX) downgraded to Neutral from Overweight at JPMorgan... Urban Outfitters (URBN) downgraded to Neutral from Outperform at Macquarie... Viacom (VIAB) downgraded at BofA/Merrill... eBay (EBAY) downgraded to Underperform from Buy at CLSA... lululemon (LULU) downgraded to Underperform from Neutral at Macquarie.
|05:39 EDT||LULU||lululemon downgraded to Underperform from Neutral at Macquarie|
Macquarie downgraded lululemon to Underperform after assuming coverage of the stock saying the company's expansion into Asia and Europe will drive a meaningful increase in spending. The firm lowered its price target for shares to $34 from $40.
|October 13, 2014|
|14:02 EDT||LULU||lululemon's Q3 sales tracking below consensus, says ITG Research|
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|October 9, 2014|
|06:10 EDT||LULU||Stocks with implied volatility below IV index mean; NKE LULU|
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|October 8, 2014|
|06:00 EDT||LULU||Stocks with implied volatility below IV index mean; ADHD LULU|
Stocks with implied volatility below IV index mean; Alcobra (ADHD) 123, lululemon (LULU) 35 according to iVolatility.