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Google Business NewsSep 28, 2022
Hailey Bieber Shares NSFW Details About Her Sex Life With Justin Bieber - Billboard
Hailey Bieber Shares NSFW Details About Her Sex Life With Justin Bieber  BillboardHailey Bieber puts to rest suggestions she 'stole' Justin Bieber from Selena Gomez  CNNHailey Bieber Addresses Claim She STOLE Justin From Selena Gomez  Entertainment TonightHailey Bieber Says She Didn't Steal Justin Bieber Away From Selena Gomez  TMZ

MarketWatch MarketPulseSep 28, 2022
Lions Gate to focus on spinning off studio business instead of Starz cable channel
Lions Gate Entertainment Corp. said Wednesday it's now focusing on spinning off its studio business, instead of its Starz cable channel. In a regulatory filing, the company said it remains on a path to separating the two. "As negotiations progress, we have increased our focus on the possibility of spinning our studio business, creating a number of financial and strategic benefits," said the filing. "In that regard, we are continuing productive negotiations with prospective strategic and financial partners on both sides of our business." The company had announced the plan earlier this year on the grounds that the two would fetch a higher valuation separated than together. Shares were slightly higher Wednesday, but are down 50% in the year to date, while the S&P 500 has fallen 23%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



MarketWatch MarketPulseSep 28, 2022
Vans parent VFC stock falls toward 9-year low after profit, sales warning
Shares of VFC Corp. fell 0.3% toward a nine-year low in premarket trading Wednesday, after the parent of Vans and The North Face apparel brands cut its full-year profit and sales outlook due to lower-than-expected fiscal second-quarter results. The company expects adjusted earnings per share for the quarter that ends September of 70 cents to 75 cents, well below the FactSet consensus of $1.00. For fiscal 2023, the company cut its adjusted EPS guidance range to $2.60 to $2.70 from $3.05 to $3.15, compared with the current FactSet consensus of $3.04. VFC also lowered its growth outlook for revenue, in constant dollars, to 5% to 6% from "at least" 7%, and said it now expects adjusted gross margin to be down 0.50 percentage points from previous guidance of "up slightly." The company also provided financial targets for fiscal 2027, with EPS expected to grow at a five-year compounded annual growth rate (CAGR) in the high-single to low double-digit percentage range. The stock, which was in danger of the lowest close since February 2013, has tumbled 24.1% over the past three months while the S&P 500 has lost 4.4%.

Market Pulse Stories are Rapid-fire, short news bursts on stocks and markets as they move. Visit MarketWatch.com for more information on this news.



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