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Why This Expert Thinks Apple Will Never Acquire Peloton: 'Unnecessary And Pricy Headache'
Monday, January 31, 2022 - 2:45am | 661Apple Inc (NASDAQ: AAPL) and Peloton Interactive Inc (NASDAQ: PTON) may appear to be a good match to some but the tech giant will not acquire the latter, journalist Mark Gurman said in his latest newsletter. What Happened: As Apple treads further into fitness, it could help Peloton, but doing...
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Global Markets Slump, US Crypto Strategy, Cathie Wood Sells Twitter Shares, Peloton Urged To Oust CEO, Activist Investor Builds Unilever Stake: 5 Headlines You May Have Missed From This Weekend
Monday, January 24, 2022 - 7:52am | 758Heading into a new trading week, here is a quick roundup of the top five stories from the technology, corporate and cryptocurrency sectors that investors would not want to miss out on from the weekend. 1. Alibaba, Tech Stocks Tumble In Hong Kong: Shares of U.S.-listed Chinese companies —...
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Peloton To Be Pushed By Activist Investor To Fire CEO And Explore Sale: WSJ
Sunday, January 23, 2022 - 10:07pm | 335Activist investor Blackwells Capital LLC wants the stationary-bike maker Peloton Interactive Inc (NASDAQ: PTON) to fire its CEO John Foley and explore a sale, The Wall Street Journal reported Sunday, citing sources. What Happened: The activist investor believes the exercise equipment...
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Peloton CEO: 'Rumors That We Are Halting All Production Of Bikes And Treads Are False'
Friday, January 21, 2022 - 2:29am | 504Peloton Interactive Inc (NASDAQ: PTON) CEO John Foley on Thursday addressed what he called a “flurry of speculative articles” in the press regarding the company pausing production of its bike and treadmill products. What Happened: In a letter to his employees, first noted on Business...
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Peloton Makes Its Fitness App Available On Apple TV After Pandemic Demand Surge
Wednesday, June 3, 2020 - 4:57am | 353Peloton Interactive Inc. (NASDAQ: PTON) has made its fitness app available on Apple Inc.'s (NASDAQ: AAPL) TV devices. What Happened The New York-based company provides video-on-demand fitness services through the app, in addition to selling at-home fitness equipment. Peloton has seen a surge in...
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Susquehanna Says Under Armour Now Worth $77/Share
Wednesday, April 15, 2015 - 2:55pm | 268In a report published Wednesday, Susquehanna Group analyst Christopher Svezia previewed Under Armour Inc (NYSE: UA)'s upcoming first quarter results scheduled for April 21. Svezia estimated the company will earn $0.04 per share in the quarter on revenue of $803.9 million. The Estimize Consensus...
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Key Takeaways From Under Armour's 'Connected Fitness Day'
Wednesday, February 11, 2015 - 12:24pm | 224Susan Anderson of FBR & Co. attended Under Armour Inc's (NYSE: UA) "Connected Fitness Day" presentation hosted by the company's CEO Kevin Plank and Chief Financial Officer Brad Dickerson along with executives from its Record/MapMyFitness, Endomondo and MyFitnessPal platforms. "Under Armour...
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Here's Why Under Armour's 'Scarcity Value' Could Further Increase In 2015
Thursday, February 5, 2015 - 11:09am | 233Michael Binetti of UBS on Thursday commented in a note that Under Armour Inc's (NYSE: UA) shares are positioned between two "walls of worry" for investors: 1) the apparel industry is seeing "sluggish growth" and 2) while foreign exchange volatility remains a main concern...