Under Armour Misses Profit Forecasts, Announces Restructuring Plan
Under Armour posted fourth-quarter profit that missed estimates, predicted a fiscal 2025 sales drop, and announced a restructuring plan that will include layoffs.
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Under Armour posted fourth-quarter profit that missed estimates, predicted a fiscal 2025 sales drop, and announced a restructuring plan that will include layoffs.
March 2, 2021 - Written by John Cameron GBP/CAD Exchange Rate Rangebound as UK House Prices Rise in February The Pound to Canadian Dollar (GBP/CAD) exchange rate held steady today as the search for the UK’s missing Brazilian Covid-19 variant is narrowed down to the south-east. The pairing is currently fluctuating around CA$1.76. As a result, Sterling investors are remaining cautious as the Brazilian variant could cause a problem for the effectiveness of the UK’s Covid-19 vaccination further down the line. According to researchers, the original variant was found in Manaus Brazil and can ev...