Nike has long dominated the tennis wars with many of the biggest stars in the game, but Under Armour is betting big on its newest star.» Read More
Jim Cramer sees larger forces at play next week that could hold the market hostage.
NEW YORK, June 26- The S&P 500 closed flat on Friday but ended lower for the week, with investors cautious ahead of a meeting in Europe that could decide whether Greece will default on critical loans. The Dow closed higher, boosted by strong results from component Nike Inc, while the Nasdaq ended solidly lower on disappointing results from Micron Technology Inc,...
U.S. stocks closed mixed on Friday, posting a loss for the week, as investors digested earnings reports and awaited resolution on Greece debt talks.
CNBC Pro highlights the top performing stocks this week and analyzes whether the good times will continue.
Phil Knight and OHSU have raised $1 billion for the detection of lethal cancers in their early stages.
*Dow up 0.06 pct, boosted by Nike. *Micron Technology down 19 pct. June 26- The Nasdaq Composite fell 1 percent in afternoon trading on Friday after weak forecast from Micron Technology dragged down chipmakers including Intel.
With second-quarter earnings season coming up, could investors actually be overestimating the deleterious effects of a strong U.S. dollar?
*Euro zone can help Greece repay debt in bailout extension. June 26- U.S. stocks were mixed in late morning trading on Friday as better-than-expected consumer confidence data brought some relief to investors concerned about a possible debt default by Greece. Greece on Thursday failed to clinch a deal with its international creditors.
Nike posts strong earnings fueled by good sales in North America, Western Europe and China.
CNBC's Jim Cramer explains how Nike was able to beat analysts' estimates so handily.
*Euro zone can help Greece repay debt in bailout extension. June 26- U.S. stocks rose slightly on Friday as investors were encouraged by signals of a possible deal between Greece and its creditors that could help the country avert a debt default. Greece failed to clinch a deal with its international creditors on Thursday.
Discussing innovation at Nike, with Susan Anderson, FBR Capital Markets.
*Euro zone can help Greece repay debt in bailout extension. June 26- U.S. stocks were set to open slightly higher on Friday ahead of a crucial meeting of euro zone finance ministers on Saturday that could decide on extending Greece's bailout program. I am looking for an agreement that falls somewhere in between full compliance and default, "said Jack Ablin, chief...
Some of the names on the move ahead of the open.
Michael Binetti, UBS senior retail analyst, weighs in on Nike's Q4 results, and discusses how the potential passage of the trade bill in Congress could be a huge tailwind for the stock.
Matt Powell, vice-president of industry analysis at NPD Group, discusses Nike's recent "terrific" earnings report.
June 25- Nike Inc, the world's largest footwear maker, reported a better-than-expected profit for the eighth quarter in a row as it sold more high-margin shoes and apparel at higher prices, and posted a surprise rise in growth of "futures orders." Nike's orders for delivery from June through November, a gauge of demand it calls "futures orders," rose 13 percent...
The "Fast Money" traders give their final trades of the day.
Check out the companies making headlines after the bell Thursday: Nike, Micron, Synnex & more.
June 25- Nike Inc, the world's largest footwear maker, reported a better-than-expected profit for the eighth quarter in a row as it sold more high margin basketball shoes and apparel at higher prices. Nike's higher-margin Jordan, LeBron, Kobe and KD basketball shoe brands have been especially popular in the U.S., helping drive sales of the company's footwear...