Snap Stock Rally Continues on Strong Q2 Results
“At this point, we must acknowledge the turnaround in [the Snapchat maker's] underlying operating trends," one analyst says.
Pier 1 Imports Hires Turnaround Expert as CFO
Deborah Rieger-Paganis says she is "committed to instilling financial discipline across the organization as we work to drive a successful turnaround."
J.Crew CEO Exits After 16 Months on Job
James Brett reportedly clashed with J.Crew Chairman Mickey Drexler over his strategy for turning around the ailing retailer.
Avon Turnaround Proceeding Slowly
The cosmetics company posted breakeven earnings per share and sales fell year-over-year.
GE Posts $22B Loss as Legal Problems Mount
The company's new CEO says an overhaul of the struggling power business is among his immediate priorities.
Wells Misses Estimates With Broad Weakness
Bank executives point to progress in cost-cutting initiatives as evidence that Wells Fargo's turnaround effort is on track.
Avon Stock Dives on ‘Unsatisfactory’ Results
The beauty company's new CEO says it is implementing "near-term fixes" and "moving with deliberate urgency to design our turnaround plan."
Big Drop in Power Profit Tempers GE’s Q1 Beat
"Until you get power fixed, and they're nowhere close to getting that fixed, the stock only goes so far," one analyst says.
GoPro Switches to Turnaround Mode
Soft demand during the holiday quarter forces the action-camera maker to slash 20% of its workforce and exit the drone market.
Arby’s Owner Buys Buffalo Wild Wings for $2.9B
After pulling off an impressive turnaround at Arby's, Roark Capital faces a similar challenge at the chicken-wing chain.
Hertz Returns to Profit But Shares Drop 2%
The company says its third-quarter results show it is on "the right strategic path" with a turnaround plan that has included cutting its rental fleet.