The company's new CEO says an overhaul of the struggling power business is among his immediate priorities.
Bank executives point to progress in cost-cutting initiatives as evidence that Wells Fargo's turnaround effort is on track.
The beauty company's new CEO says it is implementing "near-term fixes" and "moving with deliberate urgency to design our turnaround plan."
"Until you get power fixed, and they're nowhere close to getting that fixed, the stock only goes so far," one analyst says.
Soft demand during the holiday quarter forces the action-camera maker to slash 20% of its workforce and exit the drone market.
After pulling off an impressive turnaround at Arby's, Roark Capital faces a similar challenge at the chicken-wing chain.
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.
The retailer's Q2 results were "a little bit heartening, but still left some open areas of worry," including another double-digit comp sales decline.
“For a little while, [Target] seemed to have lost its way but now appears to be getting back into that 'Tar-jay' mode."
The retailer's loss widens to $62 million but CEO Marvin Ellison sees the 1.5% increase in sales and the improved performance of apparel as positive signs.
"There's no turnaround. Anybody who suggests that that's the case... is suffering from a loss of reality."
The bankruptcy process will be smoother if compensation programs are rethought early on.
