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Yoga apparel maker Lululemon (NASDAQ:LULU) said late Monday that its chief executive officer, Christine Day, will step down later this year after nearly six years with the retailer.Lululemon said it enacted a CEO succession plan and formed a search committee to find a replacement for Day, who will step down upon the naming of a successor. Her departure comes months after product chief Sheree Waterson left the company after a massive recall following a batch of too-sheer pants."I am confident that we will find the right person to lead this strong team and continue to build on this excellent foundation," Lululemon chairman Chip Wilson said in a statement.Shares of Lululemon fell close to 11% after hours following the announcement.The Vancouver-based women's sports apparel retail chain also reported stronger-than-expected first-quarter earnings and updated its guidance on Monday.Revenue for the period ended May 5 climbed 21% to $345.8 million from $285.7 million a year ago, beating the St...
Loblaw Cos Ltd , Canada's largest food retailer, said it would soon announce more actions in the wake of the collapse of a building in Bangladesh where some of its "...
Shares of BlackBerry slipped about 8 percent on Thursday as analysts questioned whether the handset maker's turnaround plan would succeed in the brutally competitive...
A Chilean court has temporarily suspended the construction of Barrick Gold Corp's huge Pascua-Lama gold and silver mine after indigenous communities said the project...
Barrick Gold Corp. (ABX) opened down about 3.3% in Toronto Wednesday after reports that a Chilean court has suspended construction of the Canadian company's massive ...
Suntech Power Holdings Co. (STP), once the world's largest supplier of solar panels, is involved in bankruptcy court proceedings in the eastern Chinese city of Wuxi,...
The president of the local unit of Chile-based CorpBanca (BCA, CORPBANCA.SN), one of the newest entrants to Colombia's fast-growing banking sector, said the bank is ...
Chinese oil company CNOOC Ltd <0883.HK>, its takeover of Canada's Nexen Inc now complete, is giving the leader of the Canadian unit freedom to get operations running...
Cnooc Ltd.'s (CEO, 0883.HK) chief executive said the Chinese energy giant isn't looking for any new acquisitions in the near term after completing its $15.1-billion ...
The former chief executive of SNC-Lavalin Group Inc , a Canadian construction and engineering company caught in a far-reaching misconduct scandal, faces six new frau...
Celtic Exploration Ltd. (CLT.T) said Tuesday that Exxon Mobil Corp.'s (XOM) 2.59 billion Canadian dollars (US$2.52 billion) acquisition of Celtic has closed and that...
News late Monday that China's state-run Cnooc Ltd. (CEO) had completed its record-breaking purchase of Canada's Nexen Inc.(NXY) came hot on the heels of another Chin...
The contentious $15.1 billion takeover of Canadian oil and gas company Nexen Inc by Chinese state-owned entity CNOOC Ltd <0883.HK> closed on Monday, more than seven ...
Lululemon Athletica Inc. late Monday reported its first-quarter profit edged up to $47.3 million from $46.6 million a year ago. On a per-share basis, earnings were f...
U.S. insurer Travelers Co Inc said it would buy Dominion of Canada General Insurance Co from E-L Financial Co Ltd for about $1.1 billion to boost its presence in Can...
The London Stock Exchange Group PLC (LSE.LN) Wednesday said it is optimistic about the rest of the year and is looking for new growth opportunities, after posting a ...
Canada's Barrick Gold Corp. (ABX.T) said it would have appreciated talking to a New Zealand government fund before it sold its stake in the Toronto-based company cit...
Royal Bank of Canada's investment-banking arm is spearheading a plan to set up a new alternative trading marketplace for stocks, according to people familiar with th...
Bombardier Inc said its CSeries jetliner was on track to make its first flight in June, and the world's No. 4 commercial aircraft maker reported a 25 percent jump in...
Tim Hortons Inc named a long-time Nestle executive as its new chief on Wednesday, a job that will be no easy task given drooping demand at the Canadian coffee and do...
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