Nike Inc
Nike is making a strategic shift in how it manufactures NCAA fan apparel in deal with Fanatics
A Nike logo shown on a Baylor University long sleeve shirt. Nike, which has apparel and equipment deals with many college sports programs, is entering into a deal with Fanatics for college fan apparel. Maddie Meyer | Getty Images Sport | Getty Images Sports merchandise platform Fanatics is entering into a long-term partnership with Nike […]
Read More
Jim Cramer picks 7 Dow stocks that investors should consider owning
CNBC’s Jim Cramer on Tuesday offered investors his stock picks from the best- and worst-performing stocks in the Dow Jones Industrial Average during the first half of the year. Companies in the Dow “tend to be boring, mature companies that typically pay nice dividends, which is what protects you when the Fed is tightening,” the […]
Read More
Nike has a ‘much better risk-reward’ than the market believes, Jim Cramer says
CNBC’s Jim Cramer on Tuesday said that Nike stock is more investable than Wall Street might believe, even after a mixed quarter. “I’m not going to tell you this was a great quarter. … But, and this is a big but, I don’t think the results were as bad as today’s 7% decline [suggests],” the […]
Read More
Stocks making the biggest moves midday: Nike, Las Vegas Sands, Boston Beer and more
Disney store is seen in Times Square, New York City. Nick Pfosi | Reuters Check out the companies making headlines in midday trading. Nike — Shares of Nike fell more than 5% even after the sportswear company topped Wall Street’s earnings and sales expectations for the fiscal fourth-quarter. The company said it anticipates flat to […]
Read More
5 things to know before the stock market opens Tuesday
Here are the most important news items that investors need to start their trading day: 1. Stocks attempt to rebound Traders work on the floor of the New York Stock Exchange. NYSE Futures rose Tuesday morning after stocks’ attempt to keep a rally going fizzled Monday. Investors are still weighing the risks of supercharged inflation […]
Read More
Stocks making the biggest moves in the premarket: Nike, Spirit Airlines, Occidental Petroleum and more
Take a look at some of the biggest movers in the premarket: Nike (NKE) – Nike fell 2.4% in premarket trading despite reporting better-than-expected quarterly profit and revenue. The athletic apparel and footwear maker forecast current-quarter revenue below analysts’ estimates amid increased promotional activity and ongoing disruptions in its profitable Chia market. Spirit Airlines (SAVE) […]
Read More
Stock index futures inch higher following a losing day Monday
Stock futures rose slightly in overnight trading Monday following a losing day as investors prepare to rebalance their portfolios with the end of the quarter fast approaching. Futures on the Dow Jones Industrial Average gained 36 points. S&P 500 futures edged up 0.2% and Nasdaq 100 futures rose 0.3%. The overnight action followed modest losses […]
Read More
Nike earnings top Wall Street’s expectations, despite inflation in the U.S. and Covid lockdowns in China
Nike Air Jordan shoes are seen in the store in Krakow, Poland on August 26, 2021. Jakub Porzycki | Nurphoto | Getty Images Nike on Monday topped Wall Street’s earnings and sales expectations for the fiscal fourth-quarter, as the sneaker giant overcame a Covid lockdown in China and tougher climate for consumers in the U.S. […]
Read More
Back-to-school investing preview: Possible recession looms over retailers’ busiest half of the year
Every other week, beginning in May, Morning Consult polls consumers about back-to-school spending plans. The results of its latest survey were startling. There was a 10-point pop from the prior poll in the number of parents who say they can’t afford backpacks, notebooks, new jeans and sneakers, and other supplies. “The drop in the number […]
Read More
Roe v Wade’s demise forces companies to grapple with health care plans, employee privacy and more
Pro-choice activists are seen outside of the US Supreme Court in Washington, DC on June 15, 2022. Mandel Ngan | AFP | Getty Images The challenges posed by the end of Roe v. Wade are only just beginning for corporate America. By overturning the abortion precedent Friday, the U.S. Supreme Court set off a series […]
Read More