Nike jumps in pre-market deals as Amazon link is confirmed
Nike products are to be sold directly by Nike on Amazon.
Company
Nike Inc
NYSE:NKE
Nike Inc is engaged in the designing, marketing and distributing of athletic footwear, apparel, equipment and accessories and services for sports and fitness activities. The company's operating segments include North America; Europe, Middle East & Africa (EMEA); Greater China; and Asia Pacific & Latin America (APLA). It sells a line of equipment and accessories under the NIKE Brand name, including bags, socks, sport balls, eyewear, timepieces, digital devices, bats, gloves, protective equipment and other equipment designed for sports activities.
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Nike hotfoots it higher after earnings beat expectations
Nike's numbers received a big tick mark from investors
Nike expects to cut 2% of its global workforce as a result of a corporate restructuring programme
The sportswear group said the programme, called the ‘Customer Direct Offense’, will see a new corporate structure focused on 12 cities across 10 countries
Nike and Universal Studios face European probe over merchandise channels
The European Commission will investigate whether the pair and also Hello Kitty owner Sanrio are illegally controlling the sale of licensed merchandise products
US stocks turn sour as healthcare vote postponed
Wall Street shares were higher in early deals as traders await the healthcare vote
Nike running out of steam as quarterly sales fall amid tough competition
Nike has long dominated the US footwear market but the retailer has been more recently losing sales to rivals including Adidas and Under Armour
US shares end mixed with Dow lower; tech stocks provide support
The Dow Jones and the Nasdaq registered their worst daily drops since September yesterday
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EU anti-fraud investigators say UK government faces €2bn fine for negligence over flood of illegal Chinese goods
The European anti-fraud office (Olaf) has recommended the UK pay €1.98bn into the EU budget to compensate for lost customs duties.
US stocks run out of time to keep record run alive
US stocks enjoyed a last-minute rally after President Donald Trump began the process of deregulation but it was not enough to keep record high tickers for an eleventh session
Nike beats expectations in fiscal second quarter
Growth in Asia helped drive the top-line a bit higher than the company had been expecting
US stocks end down, Dow misses 20,000 again
US stocks ended lower on Wednesday as the Dow once more attempted and failed to break 20,000
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Carnival earnings to sail into view
Berenberg went to 'hold' from 'buy' and reduced its price targets to £40 and $50, implying 4% downside.
US stocks scale new record highs, brush off Fed meeting
US stocks scaled new record highs on Tuesday, on the eve of the Federal Reserve’s rate decision
Trending: Nike scores record-sized British soccer contract
The biggest sportswear sponsorship deal in the English Premier League on Wednesday was Manchester United’s with a German brand. On Thursday the trophy passed over to rivals Chelsea Football Club and US apparel maker, Nike
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Retail sector gets a wholesale buy upgrade
Every retailer likes to hear the word “buy” and that was in the vocabulary of brokers at Guggenheim when they opted on Friday to initiate coverage Amazon.com, Nike, Macy’s, Coach and other retail stocks. Meanwhile, Wal-Mart also received so
Callaway finds the fairway as Nike beats golf retreat
Chip Brewer, Callaway’s chief executive, told CNBC. "For those of us with commitment, momentum and specialist focus in the equipment space, we see it as an opportunity."
Nike Corp drops golf equipment as stars struggle
The company will continue to make golf clothing and shoes and also sponsor leading players
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Brokers: Jefferies and Morgan Stanley pick their post-Brexit stocks
The two banking giants have picked the stocks they think will emerge unscathed from the Brexit fire
US stocks calmer over Brexit vote, as oil prices rally
US stocks surged higher on Tuesday, after calm returned to London markets post-Brexit and oil prices staged a late session rally
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Trending: Saudi control of Port Arthur an oil changer?
Some investors may be hoping that news Saudi Arabia is poised to take over the largest oil refinery in the US will mean more control of supply and a faster return to lofty energy prices. Or will it just lead to painful reorganisation of the