Hints and tips:
...Solid rates of year-on-year revenue growth for Under Armour’s international business are helping offset the weakness in its main market, although these overseas revenues are more susceptible to currency...
...AstraZeneca remains a quite small company in an international context though, with future performance reliant on half a dozen drugs....
...Under Armour has been among the beneficiaries of the athleisure trend, helped by its partnership with NBA star Steph Curry....
...Investors bid up Under Armour shares on Monday after Stifel lifted its price target for the stock and issued an upbeat report on the loss-making company’s efforts to return to profitability....
...Under Armour has been struggling to counter lacklustre sales in its domestic market, which accounts for around three quarters of its total revenue....
...Lyft has hired the IPO adviser Class V, which was founded by Lise Buyer, one of the key architects of Google’s 2004 Dutch auction. But Uber will not be far behind....
...Strong overseas growth is helping Under Armour make up for ailing North American sales....
...The outlook cuts come as Under Armour reported a 57 per cent drop in net income for the third quarter....
...The company makes high-end sportswear for companies ranging from Nike and Adidas to Ralph Lauren and Under Armour, as well as clothing for retailer brands such as JC Penney and Sears....
...A few days later, Mr Young told Nikkei “the process is under way”, adding that if asset disposal moved along as planned, net debt would be cut by over a third to “below $1bn”, without specifying a timeframe...
...Still, the fact remains that MUFG’s financial performance is weak by international standards....
...It worked out just fine for Mr Armour....
...Future momentum for Nike and Adidas sales could also be dented by competition from niche upstarts such as Under Armour, which achieved revenues of roughly $180m in China last year....
...Although PLDT chairman Manuel V....
...The deal marks another entry to the digital health market after Apple launched its Watch in April and Under Armour spent $475m to acquire MyFitnessPal in February....
...Copenhagen-based Endomondo, whose 20m registered users are mostly in Europe, will help Under Armour to grow its international business, Mr Plank said....
...A series of bumper trading reports has boosted Under Armour’s share price by 66 per cent in the past year, and the company is targeting $10bn annual sales by 2020....
...While Hart and his staff dashed between rooms to check trouser lengths, Stevens joked that his suit was considerably lighter than the armour fitting he had just come from for his role as Lancelot in the...
...- Krugman compares international trade to US interregional trade. Recommended....
...The possible sell-off makes sense at the moment, as Reliance Communications is struggling under a heavy burden of debt. On December 31, the company reported net debt of Rs373.61bn ($6.9bn)....
...Qinetiq , the defence technology contractor, rose 6.5 per cent to 182.9p after it said two orders for its Q-Nets vehicle armour had been delivered earlier than expected....
...And here’s the I-don’t-care-about-watching-Ghana v Uruguay version (emphasis FT Alphaville’s): The Miller-Moore provision, which was included in the House bill last year, never made it into the Senate version...
...About Vestar Capital Partners Vestar Capital Partners is a leading international private equity firm specializing in management buyouts and growth capital investments with $7 billion in assets under management...
...In “Enron Australia v. TXU Electricity Ltd”, the court – contra Peck – permitted TXU to withhold performance under Section 2(a)(iii) indefinitely....
...Send your comments to davidowen58@netscape.net...
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