Take a look at some of Wednesday's midday movers:» Read More
TORONTO, Dec 11- Lululemon Athletica Inc's incoming chief executive, Laurent Potdevin, will be paid a base salary of $900,000 as well as signing and retention bonuses, the upscale yogawear retailer said in a regulatory filing made public on Wednesday.
TORONTO, Dec 10- Lululemon Athletica Inc's newly named chief executive said in an interview on Tuesday that product quality will be a priority when he takes the helm at the high-end yogawear maker.
*General Motors names first female CEO. General Motors Co was in the spotlight after the automaker said Chief Executive Dan Akerson will step down next month and be replaced by Mary Barra, the company's global product development chief.
Chip Wilson has resigned as chairman of upscale yoga pants maker Lululemon Athletica following an uproar over his comments about customers' bodies.
TORONTO, Dec 10- Lululemon Athletica Inc named a new chief executive on Tuesday and said founder Chip Wilson will step down as chairman, as the upscale yogawear retailer tries to expand globally and put a series of embarrassing quality issues and other gaffes behind it.
Sam Poser, Sterne Agee senior research analyst, discusses the naming of Laurent Potdevin as the new CEO of retailer Lululemon and why he has downgraded the stock.
Dec 10- Lululemon Athletica Inc:.
*General Motors to name first female CEO. NEW YORK, Dec 10- Wall St was set to take a breather on Tuesday after the S&P 500 closed at yet another record high and as investors were hesitant to make big bets amid uncertainty over the Federal Reserve's stimulus.
The "Squawk on the Street" reports Lululemon has appointed Laurent Potdevin as its new CEO replacing Christine McCormick Day. Also, founder Chip Wilson resigns.
NEW YORK, Dec 10- The S&P 500 index futures edged lower on Tuesday after the market closed at yet another record high and economic data showed growth in China's industrial production slowed last month. It is taking it pretty well, "said Peter Cardillo, chief market economist at Rockwell Global Capital in New York.
Pam Quintiliano, SunTrust retail analyst, explains why investors are pleased Chip Wilson is stepping down as the non-executive chairman at Lululemon, and why she views the change as positive.
NEW YORK, Dec 10- U.S. stock index futures were little changed on Tuesday following the S&P 500' s rise to yet another record close and economic data that showed growth in China's industrial production slowed last month.
Dec 10- Yoga-wear retailer Lululemon Athletica Inc, reeling from an embarrassing recall of see-through pants, named Lauren Potdevin as chief executive and said founder Chip Wilson would step down as non-executive chairman. Potdevin replaces Christine Day, who said in June that she would leave the company once a replacement was found.
Some of the names on the move ahead of the open.
With the calendar careening toward Christmas retail will be top of mind next week. What will Cramer be watching?
The S&P continues to soar, but a Nobel warns of a bubble and 'the smartest guys in the room' get plenty wrong: This week's market winners and losers.
Filmmaker M. Night Shyamalan told CNBC about his ambitious higher learning project. We also look at the new Ford Mustang and the Ron Burgundy effect at Chrysler in Talking Squawk.
Lululemon Athletica's lesson in yoga public relations: don't stretch the truth.
Lululemon said it is implausible to believe it intended to sell hundreds of thousands of nearly sheer yoga pants and hope consumers wouldn't notice.
To compete with each other and powerhouse Amazon.com Inc, many U.S. retailers began offering some of the season's best online deals, which were traditionally reserved for the Monday after Thanksgiving, several days ago.