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Lululemon Stock Is Sliding Wednesday: What’s Going On?

Lululemon announced that chief product officer Sun Choe has resigned from his role and will depart the company later this month to pursue other opportunities. Lululemon said it does not intend to replace Choe's role. Instead, the company plans to implement organizational changes intended to accelerate product innovation and support long-term growth plans.

LULU

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Cae Announces Re-Baselining Of Its Defense Business; Defense Records $568M Goodwill Impairment, $90.3M Unfavourable Contract Adjustments, And $35.7M Impairment Of Related Intangible Assets; Appoints Of Nick Leontidis As COO

CAE Inc. (CAE or the Company) today announced a re-baselining of its Defense business along with Defense impairments and unfavourable contract adjustments related to eight previously identified fixed-price legacy

CAE

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ZimCal Asset Management And Its Affiliates Sends Letter To Stockholders Stating High Executive Compensation Does Not Align With Core Business Performance; Says Stock Price Is Down 20% YTD And Management Continues To Be Rewarded At The Expense Of Stockh…

Stock price is down 20% YTD and management continues to be rewarded at the expense of stockholders.High executive compensation does not align with core business performance.ZimCal sends letter to stockholders

MFIN

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Danimer Scientific’s CEO And Chairman Steve Croskrey Announces Retirement, To Step Down As CEO No Later Than The End Of This Calendar Year; To Exit Chairman Position May 20, 2024; Board Appoints Richard J. Hendrix As Interim CEO And New Co Chairman

Danimer Scientific, Inc. (NYSE:DNMR) ("Danimer" or the "Company"), a leading next generation bioplastics company focused on the development and production of biodegradable materials, announced today that Stephen E.

DNMR