We aren’t very interested in waiting around for management to show us that they can turn things around. So we’re downgrading the stock to a 3 rating.
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Walmart’s lousy quarter has us looking to exit our position in the retailer
Business
Toyota is ‘exploring rockets’ with nearly $45 million investment in Japanese launch startup, chairman says
After Akio Toyoda, CEO and President of Toyota, announced he was stepping down on Thursday, he shared his advice to his successor and his business philosophy. Photo by Yoshikazu Tsuno | Gamma-rapho | Getty Images LAS VEGAS — Toyota Motor is exploring the development and production of orbital rockets, Chairman Akio Toyoda said Monday. The […]
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Business
Ulta Beauty names new CEO, raises outlook for holiday quarter
People walk past an Ulta Beauty store in the Manhattan borough of New York City on March 8, 2022. Carlo Allegri | Reuters Ulta Beauty CEO Dave Kimbell is retiring and will be replaced by the retailer’s Chief Operating Officer Kecia Steelman, the company announced Monday. Ulta said in a news release that the leadership […]
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Business
Sierra Space CEO leaves, as $5 billion company pushes to launch space plane
Tom Vice, CEO of Sierra Space, talks to employees in front of the company’s Dream Chaser space plane on Oct. 30, 2023 in Louisville, Colorado. Helen H. Richardson | Denver Post | Getty Images Sierra Space CEO Tom Vice has left the company, CNBC confirmed Monday. In a statement, Sierra Space said Vice retired Dec. 31. Chairman […]
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