Under Armour reported a drop in quarterly profit, hurt by higher costs related to its recent acquisitions.» Read More
*Wall St stocks rally; S&P set for weekly gain. *European stocks helped after Athens' assurances. NEW YORK, March 20- The U.S. dollar fell sharply on Friday and was on track for its biggest weekly decline against the euro in more than three years, helping to drive a rally in Wall Street stocks and crude oil.
CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue.
The FMHR traders take their positions on four stocks making news today, including Nike's all-time high after an earnings beat, and Biogen's positive preliminary results for its new Alzhiemer's treatment.
NEW YORK, March 20- Linda Hudson, former CEO of the U.S. arm of British defense company BAE Systems Plc, is among the women that boards call on when they are looking for a female director. "You often don't get the enlightened thinking of reaching beyond the obvious candidates," said Hudson, who sits on the boards of Bank of America Corp and utility Southern Co., and is...
*Nike rises after results, outlook. March 20- U.S. stocks rose on Friday, lifted by results from Nike and another climb in biotechs, as investors assessed the impact of a stronger dollar on corporate profits. Nike jumped 4.5 percent to $102.77 as the biggest boost to the Dow after it posted a quarterly profit that beat market estimates.
Shares of Nike were up 4 percent on Friday, and it's all about future orders, Michael Binetti tells CNBC.
Nike reported earnings of 89 cents per share on revenue of $7.46 billion.
NEW YORK, March 20- U.S. stocks rose at the open on Friday, with the S&P 500 on track to snap a three-week losing streak, lifted by strong earnings at Nike and by another strong showing from the biotech sector.
*Nike climbs in premarket after results, outlook. March 20- U.S. stocks were poised for a higher open on Friday, with the S&P 500 on track to snap a three-week losing skid, buoyed by Nike earnings, as investors assessed the impact of a stronger dollar on corporate earnings. Dow component Nike's rose 5.2 percent to $103.42 in premarket after it posted a quarterly profit...
Michael Binetti, UBS equity research analyst, discusses Nike's revenue miss, and its lofty valuation as the company bets big on star athlete endorsements and its "Back to the Future" shoe.
March 19- Nike Inc's quarterly profit beat market estimates as the world's largest sportswear maker sold more higher margin shoes and apparel, but the company warned Wall Street that the stronger dollar would take a toll on its current quarter. Orders for shoes and apparel scheduled for delivery from March through July 2015 at the end of the third quarter, a...
Check out the companies making headlines after the bell Thursday: Nike, SeaWorld, Mattress Firm & more.
March 19- Nike Inc's profit beat market estimates as the world's largest sportswear maker sold more shoes and apparel at higher margins. Nike also said on Thursday orders for shoes and apparel scheduled for delivery from March through July 2015, a gauge of demand Nike calls "futures orders," rose 11 percent globally, excluding the impact of currency exchange rate...
Nike is reporting an EPS beat of $0.89 on a revenue miss of $7.46 billion. Analysis on the quarterly numbers, with Rob Plaza, Key Private Bank.
March 19- Nike Inc, the world's largest sportswear maker, reported a 16 percent jump in quarterly profit due to higher demand for its apparel and basketball and running shoes. Nike said on Thursday its net income rose to $791 million, or 89 cents per share, in the third quarter ended Feb. 28, from $682 million, or 75 cents per share, a year earlier. Orders for shoes and...
U.S. stocks closed mixed on Thursday as investors weighed the Federal Reserve statement that indicated a rate hike would come gradually.
U.S. stock index futures indicated a lower open on Thursday, after closing sharply higher Wednesday following a dovish statement from the Fed.
The Fed tripped up the dollar's rally and may have pushed the greenback into a short-term correction with its forecasts for a slower pace of rate hikes, strategists say.
Foot Locker, which derives most of its sales from Nike, trades at a much more favorable valuation than Nike.
Take a look at some of Monday's after-hours buzz: Jumei, American Air & more.