U.S. stocks closed little changed on Thursday, with the S&P touching highs, as investors weighed mostly upbeat earnings and mixed economic reports.» Read More
Stocks fell on Friday after a report on consumer confidence.
*DuPont drops as outlook cut. NEW YORK, June 27- The Dow and S&P 500 edged lower on Friday following a downbeat second-quarter forecast from DuPont, though consumer sentiment data helped support the market.
NEW YORK, June 27- U.S. stocks edged lower on Friday as mixed economic data pushed Wall Street towards a second week of losses in three, and European equities had their first weekly drop since April on worries over unrest in Iraq and Ukraine.
Discussing the competitiveness of Nike's stock against Under Armour, and how to play athletic stocks right now, with the FMHR traders.
Some of Friday's midday movers:
*Nike rallies after results; DuPont drops as outlook cut. Nike Inc rose 1.6 percent to $78.15 a day after its fourth-quarter earnings beat expectations. However, those gains were offset on the Dow index as DuPont, a fellow component, cut its full-year operating profit outlook, sending shares down 4.3 percent to $64.81.
*Nike rallies after results; DuPont cuts outlook, shares fall. Nike Inc rose 1.9 percent to $78.34 a day after fourth-quarter earnings beat expectations. However, those gains were offset on the Dow as DuPont, a fellow component, cut its full-year operating profit outlook, sending shares down 2.9 percent to $65.73.
Discussing how Nike is growing their running sector and how much the World Cup is impacting sales, with Paul Swinand, Morningstar equity analyst.
*Nike up in premarket after results; DuPont cuts outlook. NEW YORK, June 27- U.S. stock index futures pointed to a lower open on Wall Street Friday, with major indexes largely on track to close out a week of modest losses as investors grew cautious over the state of economic growth.
*Nike up in premarket after results; DuPont cuts outlook. NEW YORK, June 27- U.S. stock index futures fell on Friday, with major indexes largely on track to close out a week of modest losses as investors grew cautious over the state of economic growth.
Some of the names on the move ahead of the open.
Mike Amour, CEO of Project Worldwide, says the success of advertising campaigns at the World Cup depends on the ability of each firm to portray their brand's authenticity.
CNBC's Sara Eisen provides an update from Nike's Q4 earnings call. Digital technology is the company's top priority, according to CEO Mark Parker.
CNBC's Sara Eisen reports on the strong Q4 from Nike, saying future orders for North America were up 11 percent, and China up 6 percent.
*U.S.-listed shares of Barclays fall on fraud lawsuit. *GoPro shares jump over 30 percent in first day after IPO. NEW YORK, June 26- U.S. stocks ended slightly lower on Thursday after the president of the Federal Reserve Bank of St. Louis said interest-rate increases should come sooner rather than later.
Check out which companies are making headlines after the bell Thursday: DuPont, Nike, & more.
June 26- Sports wear maker Nike Inc reported a rise in quarterly profit, helped by strong sales of its apparel and footwear in North America and Western Europe. The company's net income from continuing operations rose to $698 million, or 78 cents per share, in the fourth quarter ended May 31 from $690 million, or 76 cents per share, a year earlier.
Nike is reporting Q4 EPS of $0.78 on revenue of $7.46 billion, with CNBC's Sara Eisen.
Nike has reported Q4 EPS of $0.78 on revenue of $7.46 billion. Robert Plaza, Key Private Bank, shares his view of the stock.
Nike reported quarterly earnings and revenue that beat analysts' expectations on Thursday.