Nike shares are sliding after earnings, but one bull probably isn't too concerned.» Read More
Dec 18- Nike Inc's futures orders rose at its slowest pace in four quarters, indicating weakening demand for the sportswear maker's products in emerging markets and western Europe. Expectations were extremely high after two quarters of "pretty big earnings beats," but Nike beat by a few pennies, Edward Jones analyst Brian Yarbrough said, adding that the slowdown...
Dec 18- Nike Inc said future orders, a indicator of growth, increased 11 percent in the latest quarter, the slowest rate in four quarters and lower than market estimates. As of the end of the quarter ending Nov. 30, worldwide futures orders for Nike brand footwear and apparel scheduled for delivery from December through April was 11 percent higher, excluding...
BEAVERTON, Ore.— Nike Inc. says strong consumer demand helped boost its second-quarter revenue and profit. Nike's profit got a boost from the strong sales growth, improved margins and fewer outstanding shares. Nike also said that its worldwide futures orders, which are orders scheduled for delivery from December through April, rose 7 percent.
U.S. stock index futures signaled a sharply higher open on Thursday, as Wall Street cheered comments from Federal Reserve Chair Janet Yellen.
Here's who's hot and who's not this holiday season. Sorry, Barbie, it's just not your year, sweetie.
The crowd, gathered at a Toledo mall, was waiting for a ticket that would allow them to buy Air Jordan shoes later this week.
"Mad Money" host Jim Cramer is looking for some specific signals to spot the end of the slide.
Oil's decline could continue to take center stage as investors weigh whether the benefits of cheaper crude outweigh the pain for the producers.
With low oil prices causing fear in investors, Jim Cramer spells out the opportunities that could be hidden in the market next week.
*Mars, Coca-Cola, Nike, Adidas offer personalised products. BERLIN, Dec 11- Looking for a unique Christmas gift to wow friends or family? But big consumer brands, including major names like Coca-Cola, and Nike have latched on to personalised products because they seem to have a particular appeal to consumers known as "Millennials" in marketing speak.
*Mars, Coca-Cola, Nike, Adidas offer personalized products. BERLIN, Dec 11- Looking for a unique Christmas gift to wow friends or family? But big consumer brands, including major names like Coca-Cola, and Nike have latched on to personalized products because they seem to have a particular appeal to consumers known as "Millennials" in marketing speak.
Stocks declined on Wednesday, furthering the week's losses, as crude fell as OPEC cut its demand outlook for 2015.
NEW YORK, Dec 9- Nike Inc is accusing three of its former senior shoe designers of stealing its commercial secrets and making off for German rival Adidas AG, which announced in September the trio would staff its new urban footwear design studio in Brooklyn. Nike said the designers hatched their plan last April, and pitched Adidas on a design studio that would help...
KANSAS CITY, Mo.— A Missouri man convicted in a scheme to steal more than $1 million worth of trucks and trailers from six states kept a "shopping list" of the products one of his buyers wanted and sometimes sold stolen goods from the back of the trucks, federal prosecutors said. Kenneth Ray Borders, 43, of Kansas City, was sentenced Monday to 21 years and 10 months in...
Toss 'em in your kids' stocking, or be a Grinch and keep them. "Mad Money" host Jim Cramer says buy 'em either way.
Don't panic! Jim Cramer sees a bright side to the market selloff and has a few suggestions on how to benefit.
When local officials warned striking shoe factory workers in Pearl River Delta that they were breaking the law, labor lawyer Duan Yi faced them down.
*Brought up among China's elite in Beijing army compound. SHENZHEN, China, Dec 7- When local officials warned striking shoe factory workers in China's Pearl River Delta this summer that they were breaking the law, a slight, bespectacled figure barely 5 feet 5 inches tall faced them down. While striking workers and those helping them have often been harassed,...
Early Friday, the Starbucks Reserve Roastery and Tasting Room mega-store opens in Seattle. USAToday reports.
Stocks rose Tuesday in a mild rebound from the prior day's drop, ahead of monthly data on car sales.