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Fly News Breaks for March 16, 2015
RL, PVH
Mar 16, 2015 | 08:39 EDT
Piper Jaffray lowered its price target on PVH Corp. to $130 from $144 citing steeper foreign exchange headwinds and sentiment on the shares that the firm calls "fearful." However, the firm does not believe, as some do, that PVH's story is the same as Ralph Lauren (RL) and thinks PVH's turnaround story is intact, though its timeframe has been stretched out. Piper maintains its Overweight rating on PVH shares.
News For PVH;RL From the Last 2 Days
RL
Mar 28, 2024 | 07:29 EDT
SharkNinja (SN) announced that Patraic Reagan has been named Chief Financial Officer, effective April 22...Reagan will oversee SharkNinja's financial strategies and lead the company's global finance organization, including financial planning and analysis, accounting, treasury, tax, internal audit, and investor relations. Larry Flynn, who served as Interim Chief Financial Officer since June 2023, will continue in his role as Chief Accounting Officer. Reagan joins SharkNinja with over two decades of relevant experience. Most recently, Mr. Reagan served as the Chief Financial Officer of Nike's (NKE) Asia, Pacific, and Latin America segment, where he helped drive consecutive years of strong revenue growth, and EBIT expansion that outpaced revenue while accelerating investment in key areas. Over his 13-year career with Nike, Mr. Reagan also served as the Global VP of Business Planning and was the CFO of Nike's Direct-to-Consumer business in EMEA. Prior to Nike, Mr. Reagan held financial positions of increasing responsibility at roles with with Coach (now Tapestry TPR), Polo Ralph Lauren Corporation, Kraft Foods and Chiquita Brands International. .