Latest in Nike Profits Surge as Sales Beat Forecasts
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From Nike to Intel, CEO departures at U.S. companies hit a record this year
CEO exits at U.S. public companies were a record in 2024 as they faced competitive and strategic challenges.CNBC - 38m -
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Nike CEO Elliott Hill outlines new strategy after retailer blames promotions for declining revenue and profit
Nike beat Wall Street's expectations on the top and bottom lines under new CEO Elliott Hill.CNBC - 14h -
November home sales surged more than expected, boosted by lower mortgage rates
Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of RealtorsCNBC - 21h -
The Risky Strategy Behind Nike's Massive Holiday Discounts
The sneaker giant’s new CEO is trying to clear out inventory, pressuring retailer partners.The Wall Street Journal - 1d -
Nike just laid out an ambitious turnaround plan. But it will come at a cost.
Shares of Nike Inc. rallied after hours on Thursday after the sneaker maker reported quarterly results that topped expectations, following a big leadership shakeup at the company earlier this year.MarketWatch - 13h -
November home sales surged more than expected, boosted by lower mortgage rates
Sales of previously owned homes rose 4.8% in November compared with October, according to the National Association of Realtors.NBC News - 22h -
Sources: MVP Wilson, Nike to sign long-term deal
Aces star and WNBA MVP A'ja Wilson is signing a six-year extension with Nike in one of the richest shoe deals for a women's basketball player, sources told ESPN on Tuesday.ESPN - 2d -
Nike Promo Code: Up to 50% Off Select Styles
Check out our deals for Nike this month, including up to 50% off with our coupon code.Wired - 3d -
Roope Hintz scores 2, Jake Oettinger has 25 saves as Stars beat surging Capitals 3-1
Roope Hintz had his first two-goal game of the season and Jake Oettinger stopped 25 shots as the Dallas Stars beat the surging Washington Capitals 3-1ABC News - 3d -
How to Boost Holiday Profits with Tech and Strategy
From Jingle Bells to ringing sales, here are strategic tips for a profitable season.Inc. - 4d -
OpenAI emails show Elon Musk wanted for-profit structure in 2017
OpenAI on Friday posted screenshots showing that Elon Musk, one of its co-founders, pushed for the company to have a for-profit structure as far back as 2017.CNBC - 6d -
A New Frontier in Paleontology for Profit: Selling Shares in a Stegosaurus
As academics fear being priced out of the fossil market, a private company announced that it aims to raise $13.75 million by selling shares in a stegosaurus fossil.The New York Times - Dec. 13 -
Costco beats on earnings as e-commerce sales jump
Costco drew stronger online sales and higher traffic, as shoppers bought jewelry, luggage and more.CNBC - Dec. 13 -
Broadcom shares rise 13% on profit beat, 'massive' opportunity in AI
Broadcom is seeing soaring demand from the boom in generative AI infrastructure.CNBC - Dec. 12 -
Nike, NFL extend partnership through 2038
League and apparel provider agree to 10-year extension.Yahoo Sports - Dec. 11 -
The Largest Immigration Surge in U.S. History
We explain the scale of recent immigration to America.The New York Times - Dec. 11 -
Coffee price surges to highest on record
Coffee drinkers are set to feel the pinch from high prices after crops got hit by drought and heavy rainfall.BBC News - Dec. 11 -
GameStop’s stock jumps on surprise third-quarter profit
Shares of GameStop Corp. were up 8.2% in extended trading after the videogame retailer reported a surprise third-quarter profit, despite falling sales.MarketWatch - Dec. 10 -
TSMC posts 34% surge in November sales in sign of ongoing AI boom
TSMC’s sales have surged over the past two years on the back of booming demand for advanced microchips following the launch of ChatGPT in Nov. 2022MarketWatch - Dec. 10 -
What is rage-baiting and why is it profitable?
Called rage-baiting, making people angry with social media posts can be a business.BBC News - Dec. 10 -
Week 14 recap: Rams beat Bills in instant classic, Falcons' panic, Chiefs win west | Yahoo Fantasy Forecast
Week 14's Sunday slate is in the books and there were performances and injuries that will have long term fantasy implications. Andy Behrens joins Matt Harmon to breakdown all the action and place ...Yahoo Sports - Dec. 9 -
Tom Wilson scores twice in 3rd period as surging Capitals beat Canadiens 4-2
Tom Wilson scored twice in the third period and the Washington Capitals rallied to beat the Montreal Canadiens 4-2 on Saturday nightABC News - Dec. 7 -
Report: Brazil, Nike extend $100m-a-year kit deal
Brazil extended their kit deal with Nike through to 2038 on Friday, the country's football federation (CBF) announced on Friday.ESPN - Dec. 7 -
Evening Report — Dems' youth surge
Presented by Southern Company — Plus: Johnson woos adversaries. {beacon} Evening Report © AP Photo/Alex Brandon Younger Democrats vie for influence in House A YOUTH MOVEMENT is underway among ...The Hill - Dec. 6 -
India central bank cuts growth forecast
RBI holds rates and says economy has bottomed outFinancial Times - Dec. 6 -
Victoria’s Secret says it won these ‘major moments’ as it bumps full-year sales forecast
Victoria’s Secret on Thursday raised its full-year sales outlook after making gains via the back-to-school season and a new sportswear launch, noting that improved performance in the third quarter ...MarketWatch - Dec. 6 -
Ulta Beauty’s full-year sales forecast is slightly better, and the company says it’s ‘gaining traction’ in competitive backdrop
Shares of Ulta Beauty Inc. rallied after hours on Thursday after the cosmetics chain offered up a slightly more upbeat full-year sales forecast, saying efforts to counterbalance a slowdown in ...MarketWatch - Dec. 6 -
Dollar General posts sales beat despite protracted consumer restraint
Dollar General Corp.’s stock was unable to hold its early gains Thursday after the discount retailer’s fiscal third-quarter earnings showed a sales beat but a profit miss, as hurricanes disrupted ...MarketWatch - Dec. 5 -
Signet Jewelers’ stock drops as it faces competition from lab diamonds and misses Wall Street’s profit and sales estimates
Retailer warns its revenue may fall short of expectations in the coming quarter.MarketWatch - Dec. 5 -
El Salvador sits on $300 million-plus profit as bitcoin hits a milestone
The tiny Central American country of El Salvador is now looking at a hefty profit from its bitcoin ambitions, as the cryptocurrency reached $100,000 on Wednesday.MarketWatch - Dec. 5 -
Balfour Beatty Forecasts Earnings Beat
Balfour Beatty said it was on track to deliver earnings growth ahead of market forecasts this year, and that it planned further share buybacks in 2025.The Wall Street Journal - Dec. 5 -
Bitcoin Price Surges to a Milestone: $100,000
The price of a single Bitcoin rose to six figures for the first time, an extraordinary level for a 16-year-old cryptocurrency once dismissed as a sideshow.The New York Times - Dec. 5 -
Lobbying firm with ties to Trump appears poised to profit from new administration
Ballard Partners, whose founder has personal ties to Donald Trump, seems poised to profit from Trump's return to Washington, raising concerns from some ethics experts.ABC News - Dec. 4 -
Interest rates forecast to be higher for longer due to Budget
Measures in the Budget will boost growth in the short-term, but interest rates will fall more slowly, it says.BBC News - Dec. 4 -
Salesforce surges on revenue beat, AI growth prospects – here's our new price target for the stock
Salesforce made clear that Agentfoce, its new AI offering, can kickstart revenue growth in the quarters ahead.CNBC - Dec. 4 -
Children’s Place profit nearly halves as troubled retailer’s turnaround efforts dampen sales
Troubled retailer is moving away from unprofitable sales and offers of free shipping.MarketWatch - Dec. 3 -
What's the mortgage interest rate forecast for December 2024?
If you're planning to buy or refinance a home this month, here's what mortgage rates could look like.CBS News - Dec. 3 -
Hedge funds profit from ‘Trump trades’ around US election
Element Capital and Graham Capital among macro managers that did well out of recent market swingsFinancial Times - Dec. 3 -
Honeywell announces a new collaboration with Bombardier. But it’ll weigh on this year’s profit.
Shares of Honeywell International Inc. fell in extended trading Monday after the conglomerate cut its outlook for the months ahead, citing the costs of investing in a new tech-focused collaboration ...MarketWatch - Dec. 3
