– Vail lost $2.22 per share for its fiscal fourth quarter, smaller than the $2.53 per share loss anticipated by Wall Street. The resort operator's revenue came in above estimates, however, and the company said it is seeing strong season pass sales for the upcoming ski season.
– CEO Gary Heminger is under fire, with The Wall Street Journal reporting that large shareholders Paul Foster and Jeff Stevens are calling for Heminger's ouster. The two are also backing a proposal by Elliott Management to split the company into three separate units. In response, Marathon issued a statement saying the board supports Heminger.
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