Come this Monday, September 24, managed health care plan provider UnitedHealth Group will become one of the 30 companies that are used to calculate the Dow Jones Industrial Average. The […]
The maker of pricey and popular yoga gear has appointed a new CEO, Laurent Potdevin, and announced that founder and chairman Dennis “Chip” Wilson will relinquish his chairman duties by June 2014. The news comes after a tough year for Lululemon: It recalled pants that turned out to be see-through, Wilson blamed overweight customers for the problem, and then the product chief resigned followed by the CEO. All of this took a toll on results and, consequently, stock price. One can only hope Potdevin doesn’t get bent out of shape turning things around.
December 13, 2013
The Hobbit: The Desolation of Smaug is likely to bring jubilation to Time Warner. The second installment of the Hobbit movie is expected to become one of the top films of 2013 with an estimated $330 million in gross sales. Time Warner subsidiary Warner Bros. Entertainment is the distributor for the film.
December 9, 2013
Demand for collaborative software, analytics tools, and enterprise applications will drive worldwide software spending growth over the next several years, according to IDC. The industry is expected to post a compound annual growth rate near 6 percent between 2012 and 2017. Tools that help organizations analyze and share data and content show the most potential, with spending on collaborative; structured data management; and data access, analysis, and delivery applications to grow 8 percent. For more trends, check out our Computer Software industry profile.
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