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5 Things To Know: February 17, 2026
Youtube· 2026-02-17 11:54
And five things to know ahead of the opening bell. The US and Iran are set to hold a second round of talks over Iran's nuclear program today. Reports say President Trump's envoy Steve Witoff and his son-in-law Jared Kushner are expected to attend those talks in Switzerland.Starboard Value wants to shake up Trip Adviser. The activist now owns more than 9% of the company and reportedly plans to nominate a majority slate of Trip Advisors board. And the FT is reporting Danaher is nearing an almost10 billion dol ...
A Big Activist Investor Is Eyeing Lululemon's Turnaround. Its First Move: Suggesting a CEO
Investopedia· 2025-12-18 19:20
Core Insights - Lululemon is in search of a new CEO following the announcement of Calvin McDonald's departure at the end of January, with investor Elliott Investment Management proposing Jane Nielsen as a candidate [1][4][7] Group 1: CEO Search and Candidate Proposal - Elliott Investment Management, which holds a stake of over $1 billion in Lululemon, has suggested Jane Nielsen, a former CFO at Ralph Lauren, as a potential CEO [2][3] - Nielsen's previous experience includes successful turnarounds at Ralph Lauren and Coach, and she is currently a board member at Mondelz International [4][7] - The market reacted positively to the news, with Lululemon shares rising more than 4%, although they remain down over 40% for the year [4] Group 2: Company Performance and Strategy - Lululemon has experienced a slowdown in U.S. sales as it expands its product offerings beyond its traditional yoga-focused items to include golf, tennis gear, and men's apparel [6] - The company aims to revitalize its American business by introducing new products in the spring and enhancing its design and production processes [6]