|
Latest News 05/11/2026 GoPro Reviewing Strategic Alternatives after Down Quarter
Another weak quarterly result has the action camera maker considering a sale of the company or a merger to maximize shareholder value, CEO Nicholas Woodman revealed on its Q1 conference call. Trump’s Section 122 Tariffs Ruled Illegal
In a decision that will surely be appealed, the Court of International Trade in New York has ruled that the 10% tariff on all U.S. imports that the Trump Administration imposed in Feb. is illegal. Yue Yuen Manufacturing Improves, but Retail Flat in April
Yue Yuen’s footwear manufacturing revenue improved 8% in Apr. to an implied $502,976,000 from $467,566,000 last year, while total revenues at the Chinese company grew 7% to $701,514,000 from $658,310,000 for the month. Nike Faces Class Action over Tariff Refunds
Echoing several earlier suits, seven consumers who purchased Nike products imported from countries subject to the IEEPA tariffs are suing the Eager Beavertons for their share of the refunds due, following the Supreme Court’s Feb. decision that the tariffs were illegal.
Favoto is recalling about 2,200 bicycle helmets because they don’t comply with requirements for positional stability, labeling, and certification. Etcetera: Asics, Adidas, CMC Triggers
|
