Nike (NYSE: NKE) announced on Wednesday several company changes including leadership adjustments and job cuts as a means to enforce the digital side of the business. Throughout the pandemic,...
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Cowen & Co Anticipates Nike Sales to Fall in Light of COVID-19
Nike Inc. (NYSE: NKE) sales have been estimated to fall by 1/3 in the fourth quarter as Cowen estimates that due to recent store closures, supply disruptions and suspension...
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December 20, 2019 Weekly Wrap up LIVE from the floor of the NYSE
On Monday the Empire State manufacturing survey for December rose .6 point to 3.5, and the PMI composite flash for December rose .3 point to 52.2. The housing market...
Nike, Inc. (NYSE: NKE) reported its second quarter financial results after the closing bell on Thursday. The Company reported better-than-expected revenues and earnings, however, shares slipped by 2% during...
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“Buzz on the Street” Show: Dec. 16, 2019 Earnings Focus (NYSE: FDX GIS MU) (NASDAQ: NKE)
FinancialBuzz.com’s latest Buzz on the Street Show: Anticipated Earnings Report for the Week of December 16th, 2019 on “FedEx Corp., General Mills, Inc., Micron Technology, Inc. and Nike, Inc.”...
Nike, Inc. (NYSE: NKE) said it will stop directly selling its merchandise to Amazon.com, Inc. (NASDAQ: AMZN), as part of a push to sell more directly to consumers, first...
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September 27, 2019 Weekly Wrap up LIVE from the floor of the NYSE
On Monday the PMI composite flash for September was little changed at 51, however, news from Europe wasn’t good as Germany’s manufacturing and service sectors both fell, pointing to...
Nike, Inc. (NYSE: NKE) reported its first quarter financial results for fiscal 2020 and topped analysts’ expectations. Nike shares edged higher by 5% during Wednesday’s pre-market trading hours. For...
Sports apparel company Under Armour Inc. (NYSE: UAA) on Tuesday reported mixed fiscal second quarter results, sending its shares spiraling as much as 16%. The retailer posted a narrower-than-expected...
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Nike Advances with Investment Plan in Arizona despite Controversy over Flag-Themed Sneakers
Nike Inc. (NYSE: NKE) confirmed Thursday it will continue with plans to open a USD 184 Million Factory in Goodyear, Arizona despite recent bickering when Arizona Gov. Doug Ducey decided...