Nike Inc. (NYSE: NKE) has now reported its earnings of $1.20 earnings per share and $5.8 billion in sales. The footwear and apparel giant had estimates from Thomson Reuters of $1.16 EPS…
Jon C. Ogg This Thursday will bring earnings reports from both Lululemon Athletica Inc. (NASDAQ: LULU) and Nike Inc. (NYSE: NKE). Nike is a far larger company and far more important in the world of…
lululemonThis coming Thursday should be an interesting earnings day as we have earnings due from both Nike Inc. (NYSE: NKE) and Lululemon Athletica Inc. (NASDAQ: LULU). Nike is far larger with a…
All three major indexes opened higher this morning, but the strength didn’t last as the Chicago PMI number failed to meet expectations and came in lower even than last month’s reading. The…
Jon OggThese are some of the top analyst upgrades, downgrades, and initiations seen from Wall Street brokerage and research firms this Tuesday morning. Amgen Inc. (NASDAQ: AMGN) Reiterated Buy and Raised target to…
Markets opened slightly lower in the US this morning, but picked up steam in the morning and continued to rise, if slowly, for the rest of the day. The tech sector showed…
The logic from technical traders is simple: “Stocks hitting new highs tend to keep hitting new highs.” Eventually that comes to an end, sometimes a painful end. Until that end arrives it…
The primary reason, it is often argued, that China is an important market for many large U.S. companies is that its population has doubled since the early 1960s. But the whole picture…
Alibaba hires a Washington lobbying firm in case it decides to bid for all of Yahoo! (NASDAQ: YHOO). (Reuters) Italian yields may fall because of European Central Bank injections of long-term funds…
Markets opened lower this morning on mixed reaction to the $641 billion borrowing spree from the European Central Bank. Technology stocks were weighed down by poor earnings report and uninspired guidance from…
US equity markets opened sharply higher this morning and have been able to sustain and even add to those gains throughout the day. Business and consumer confidence indexes in Europe were higher,…
Filene’s Basement and parent company Syms declared bankruptcy recently. The situation is so grim that Syms will shutter all 46 locations, and 2,500 employees will lose their jobs. The company, founded in…
The US Senate has passed legislation that could make it easier for the Treasury Department to hit China with sanctions as a currency manipulator. China’s response, so far, has been to tell…
Active traders and day traders have many stocks to choose from this Friday morning. We are tracking news and moves in shares of Freeport-McMoRan Copper & Gold (NYSE: FCX), Hewlett-Packard Company (NYSE: HPQ), and NIKE,…
Nike (NYSE: NKE) is one of the few companies that posted strong profits for the past quarter and offered optimistic guidance going forward. It joins McDonald’s (NYSE: MCD) as one of the…
