Lululemon Proves Skeptics Wrong and 2 Movers to Follow
Lululemon Athletica (NASDAQ:LULU) proved skeptics wrong once more on Thursday, posting a jump in quarterly comparable sales along with pushing back challenges from competitors like The Gap ‘s Athleta and Nike. Further, the company saw an 18 percent rise in third-quarter same-store sales, subtracting the impact of currency translations, while comparing with a 5.4 percent average increase for apparel retailers in the quarter, says Retail Metrics.
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Akamai’s (NASDAQ:AKAM) alliance with AT&T marks the latest step in the latter’s strategy to provide innovative solutions needed by firms having seen explosive growth in the use of video and other content, both inside their operations and also by the end users they serve. Pushed by explosive growth in digital media, organizations are creating high-performing networking solutions that deliver quality, on-demand results.
TiVo’s (NASDAQ:TIVO) upcoming litigation’s claims construction against Motorola/GOOG will face the five patents involved and heavily favors TIVO, which prevailed in 81 percent of the claims. These interpretations should make it much more difficult for Motorola to prevail in court as the prior precedent and the broader interpretations are harder to circumvent. Infringement on any one item poses a difficulty for Motorola.
Investing Insights: Should TiVo’s Stock Still Turn You On?