The recent holiday season provided an example of a consumer-driven "correction" taking place in the retail industry, Nike CEO Mark Parker told CNBC.» Read More
Kevin O'Marah, chief strategist at AMR Research, has developed a unique "supply-chain strategy" -- and uses it to compile a Top 25 stocks list that beat the 2007 market hands-down.
Not all tech stocks deserve to be down, Cramer says.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
The first days of the New Year bring Citigroup's Citi Investment Research Top Picks: The bank polled each of its fundamental analysts on a single best money-making idea for 2008, with the option of an additional small-cap pick. Citi says its 2007 list produced an average share price return of 16.7 percent, well ahead of the Standard and Poor's 500 average of 4.2 percent.
After Tim Tebow won the Heisman Trophy, the University of Florida sent out cease-and-desist letters to at least seven web sites trying to profit off Tebow name. The university was interested of course, because they didn't want anything to compromise his eligibility.
Stocks closed higher as a rally in technology shares helped offset more uncertainty in the credit markets and troubling economic signs.
Bear Stearns reported its first quarterly loss ($854 million, or $6.90 a share) in its history. Writedowns of $1.9 billion on lower value of mortgage-related securities. Up fractionally. Nike beat, up 3 percent pre-open, and expects low double digit revenue in the second half of fiscal 2008.
Nike said Wednesday that quarterly profit jumped 10 percent, topping Wall Street estimates on strong U.S. demand for its footwear and robust growth overseas, sending shares up over 3 percent in after-hours trade.
Oracle's strong earnings could give some tech names a bounce Thursday though markets are again being haunted by credit worries, and another Wall Street firm is set to report earnings before the bell.
People who read this blog regularly know that I love lists. I also like to dissect them as evidenced by my criticism of BusinessWeek's Sports Power in September. Here's another list: SportsBusiness Journal's 50 Most Influential People In Sports Business In 2007.
Stocks staged a mini comeback Tuesday after a day that saw indexes seesaw on both sides of the unchanged line. The market once more fretted over the financial sector and could do the same on Wednesday.
It's that time of year again. That time of year to tell you what's going to happen next year in the sports business.
You might remember her name: Allison Stokke was a high school pole vaulter who turned into an internet sensation because of her good looks. But, after a Washington Post article that chronicled her apparently unwanted rise , the hits slowed down for Stokke. After the article, the unofficial Allison Stokke Web page even shut down for good.
It's a booyah-free zone. There goes Swifty!Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
It was a crazy weekend in college football. We know that No. 1 Missouri and No. 2 West Virginia went down and out of all the teams that will travel to their bowl games, LSU has Les Miles than anyone else (OK, it would have been better if his name was Fewer Miles.) So who were the financial winners? Here's the best list I could compile.
Cramer makes the call on viewers' favorite stocks.Investing can be confusing. Luckily, Cramer has mapped out some road rules for all you Home Gamers trying to navigate the jungle that is Wall Street. Think of it as "Mad Money 101" –- some fundamental advice to keep in mind as you play the market. Whether you're a first time investor or a seasoned financier, it's always good to remember the basics.
Both the "can't miss" betting favorites went down this weekend. First, Kansas -- which closed as a one-point favorite against Missouri -- lost by eight points. Up until Saturday night's loss, Kansas had covered 10 straight games (their Sept. 8 game against SE Louisiana did not have a spread). According to R.J. Bell of Pregame.com, the odds of a team doing that were 1,024-to-1.
Umbro, which supplies uniforms and other equipment to England's national soccer team, said Thursday that its business will suffer from the team's failure to qualify for the European Championships.
We begin today by offering you a hodgepodge of sports business commentary. We’ll start with Matt Leinart’s signature. This is the worst part of the collectibles industry right now. I pulled this out of an Upper Deck pack. I realize that penmanship isn’t everyone’s thing, but I have to think if you’re a Leinart fan, you’re disappointed with the way his John Hancock looks.
I am sitting at a Starbucks across from Lululemon on the Upper West side of Manhattan. I find this somewhat ironic given that Lululemon has done for athleticwear what Starbucks seems to have done for coffee. No, it didn't just inflate prices and make it yuppie-wear, Lulu glamorized it.
Athletes and companies alike are looking forward to the opportunity to shine under the spotlight in what will be a special event in the history of the Olympic games.