Puma's (PUM.DE) resigning CEO Bjorn Gulden is set to become the new head of its competitor Adidas (ADS.DE) at the end of the year - , German Manager Magazin reported on Friday. Adidas shares are currently gaining over 17.5%, and Puma shares fell nearly 9%.
Source: xStation 5
Daily summary: Week ends with Brent at 100$ and indices in the red
Amazon: The Beginning of the End of AI Dreams?
BlackRock has a problem, but not a crisis
US OPEN: Cautious gains after GDP disappointment