Stock index futures pointed to a stronger start for U.S. equities on Wednesday, rebounding from a fall in the previous session when stocks suffered due to weak housing data.
Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by new stores and demand for its namesake brand and smaller brands like Converse, the athletic giant said on Wednesday.
Athletic gear giant Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by demand for its namesake athletic merchandise and fast-growing brands like Converse, the company said on Wednesday.
Nike Inc expects its revenue to rise more than 40 percent to $27 billion by 2015, helped by demand for its namesake athletic merchandise and fast-growing brands like Converse, the company said on Wednesday.
The momentum of the rally pushed the stock market to close up slightly as Thursday's data indicated that the job market is stabilizing, inflation is subdued, and the manufacturing sector is expanding.
U.S. stocks barely moved on Thursday after a report showed improvement in U.S. Mid-Atlantic business activity and companies posted some strong results.
Wall Street was set for a flat open on Thursday, one day after the Dow pushed to a 17-month high, as data showed consumer prices were unchanged in February and the number of new applications for jobless benefits fell slightly less than expected last week.
Stock index futures dipped on Thursday, one day after the Dow pushed to a 17-month high, while investors awaited data on consumer inflation and the labor market.
Stock index futures pointed to a slightly lower open on Wall Street on Thursday, with futures for the S&P 500 down 0.2 percent, Dow Jones futures down 0.07 percent and Nasdaq 100 futures down 0.12 percent.
Nike Inc posted a return to sales and profit growth on Wednesday and forecast higher expected orders around the world after a year of declines, sending its shares up more than 3 percent.
Nike Inc posted a net profit that beat analyst expectations, fueled by fewer clearance sales of merchandise and improving sales around the world, sending its shares up more than 3 percent.
Nike Inc , the largest global sporting gear maker, posted a net profit that beat analysts' expectations, helped by fewer clearance sales of merchandise and improving sales around the world.
Video game publisher Electronic Arts Inc said on Thursday it will introduce the next version of its Tiger Woods console video game in June despite the star golfer's public relations nightmare and decline in popularity following his adultery scandal.
The sex scandal that engulfed Tiger Woods may have cost shareholders of companies endorsed by the world's No. 1 golfer up to $12 billion in losses, according to a study by two economics professors from the University of California, Davis.
Nike Inc forecast a return to sales growth this quarter as it expands market share and rides stronger consumer spending, and on Thursday pledged to stand by Tiger Woods, the face of Nike's golf brand.
Nike Inc reported better-than-expected second-quarter earnings on Thursday as cost-cutting and a steadier order book helped offset weak sales in mature markets, and its shares rose more than 3 percent.
(Corrects drop in net income to 4 pct from 5 pct)
Nike Inc reported lower quarterly net income on Thursday, as weak sales in mature markets cut into profit at the world's largest athletic shoe and apparel maker.
Tiger Woods has just made life a whole lot tougher for athletes looking to score big deals to pitch a company's products or services.
Nike Inc Chairman and co-founder Phil Knight said the scandal surrounding Tiger Woods is part of the game in signing endorsement deals with athletes and did not back away from the athletic shoe and clothing maker's relationship with the golfer.
Tiger Woods' decision to withdraw from professional golf due to a sex scandal raised questions Friday about his future as a magnet for corporate sponsors, with AT&T saying it was evaluating its ties.
Golfer Tiger Woods, engulfed in speculation over his private life after a car accident in the middle of the night, apologized on Wednesday for transgressions in a statement that apparently addressed allegations he had extra-marital relationships.
