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Top related persons:
Barry McCarthy - 1 Goldman Sachs - 1 Kevin Plank - 1 Armour - 1 Stephanie Ruhle - 1 Plank - 1 Morgan Stanley - 1 Ruhle - 1
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CNBC - 2 Interactive - 1 JPMorgan - 1 Bloomberg - 1 MSNBC - 1

Search resuls for: "Gabrielle Fonrouge Lillian Rizzo"


3 mentions found


☆ Private equity firms circle Peloton for potential buyout
  + stars: | 2024-05-07 | by ( Gabrielle Fonrouge Lillian Rizzo | Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +4 min
A number of private equity firms have been considering a buyout of Peloton as the connected fitness company looks to refinance its debt and get back to growth after 13 straight quarters of losses, CNBC has learned. A number of other private equity firms have been circling Peloton as an acquisition target, but it's unclear if they have held formal discussions. Last week, Peloton announced a broad restructuring plan that's expected to reduce its annual run-rate expenses by more than $200 million by the end of fiscal 2025. Last week, Peloton announced CEO Barry McCarthy would be stepping down as it issued a disastrous earnings report that missed Wall Street's expectations. One source close to the company said Peloton isn't expected to have any issues refinancing its debt.
Persons: Barry McCarthy, Goldman Sachs Organizations: Interactive, CNBC, JPMorgan Locations: New York
☆ Under Armour founder used TV anchor's advice when facing negative coverage, records show
  + stars: | 2023-08-29 | by ( Gabrielle Fonrouge Lillian Rizzo | Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +2 min
Kevin Plank, now former CEO of Under Armour, during a CNBC interview on Mad Money on Feb. 28th, 2018. That afternoon, Ruhle questioned the Morgan Stanley report on Bloomberg's air and referenced data points that Plank had gathered. A couple of weeks later, when Under Armour reported positive quarterly results, Plank emailed Ruhle "look at that stock!!!" and then helped her arrange an interview with basketball player and Under Armour athlete Stephen Curry the following day, records show. Plank, the current executive chairman of Under Armour, asked Pelkey to help set up the interview with Curry.
Persons: Kevin Plank, Armour, Stephanie Ruhle, Plank, Morgan Stanley, Ruhle, Diane Pelkey, who's, Pelkey, Morgan, Stanley, Stephen Curry, Curry . Plank, Curry Organizations: CNBC, Bloomberg, MSNBC Locations: Maryland
☆ Doubt grows over Buy Buy Baby sale process as parent Bed Bath & Beyond splits auction
  + stars: | 2023-06-28 | by ( Gabrielle Fonrouge Lillian Rizzo | Gabrielle Fonrouge | In Gabrielle-Fonrouge | ) www.cnbc.com   time to read: +2 min
Bed Bath & Beyond is splitting the bankruptcy-run auction of its Buy Buy Baby chain into two phases as the retailer struggles to nail down bids in a sale process now shrouded in doubt. An auction for all of Buy Buy Baby's assets was originally scheduled for 10 a.m. An initial winner will likely be chosen during Wednesday's intellectual property auction. The decision to split up the bidding comes after the retailer held separate sale proceedings for its Buy Buy Baby and Bed Bath & Beyond banners. The banner, which sells baby goods such as strollers, clothes and cribs, has long been considered the crown jewel of Bed Bath & Beyond's assets.
Persons: weren't
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