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With Acquisition Rumors Swirling and Nike Declining, Footwear Retailers Must Act Quickly
Thursday, September 28, 2017 - 4:55pm | 455Read More...With Finish Line Inc (NYSE: FINL) acquisition rumors swirling, the footwear retail industry is in dire need of a change. Retailers Finish Line and Foot Locker, Inc. (NYSE: FL)'s heavy reliance on Nike Inc (NYSE: NKE) has spelled doom for the companies' stock for several reasons: Nike just...
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Nike's Q4 Earnings Beat Boosted By Sportswear, Running Segments
Thursday, June 29, 2017 - 4:27pm | 202Read More...Nike Inc (NYSE: NKE) released its fourth-quarter earnings after the close on Thursday. Q4 EPS of $0.60, beating estimates by $0.10 Sales came in at $8.7 billion, beating estimates by $70 million Inventories up 4 percent as of May 31 Q4 revenues were up 5 percent, net income increased...
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Cramer's Reaction To Nike Layoffs: CEO Mark Parker Is 'The Wolf In Sheep's Clothing'
Thursday, June 15, 2017 - 12:53pm | 299Read More...Shares of Nike Inc (NYSE: NKE) dipped 3 percent Thursday after the company announced it will lay off about 2 percent of its entire workforce, or 1,400 people. Jim Cramer's initial reaction summed up the sentiment felt by many: "Holy cow." Cramer explained during CNBC's "...
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The Most Overpaid And Underpaid CEOs In The Dow 30 This Year
Thursday, December 29, 2016 - 3:32pm | 677Read More...CEO compensation has been a topic of much heated discussion, given that it is on an ever-increasing trajectory, widening income disparity. According to data released by Equilar, a provider of executive data, CEOs at the 100 largest companies by revenue increased a median of 3 percent in 2015 to...
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Nike CEO Joins Disney Board Of Directors: Do Investors Care?
Tuesday, January 12, 2016 - 1:07pm | 275Read More...Walt Disney Co (NYSE: DIS) announced on Monday its Board of Directors has elected Mark Parker as a director, effective immediately. Parker is also the current CEO of Nike Inc (NYSE: NKE), a role he has held since January 2006 after joining the company nearly 40 years ago. His appointment to...
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Nike Unveils Giant Sales Goal, Says Jordan To Move Beyond Basketball
Wednesday, October 14, 2015 - 3:02pm | 373Read More...Shares of Nike Inc (NYSE: NKE) are higher by more than 30 percent year-to-date and nearly 50 percent higher from a year ago. The company issued guidance on Wednesday, calling for $50 billion in sales by the end of fiscal 2020. Nike's President and CEO Mark Parker said the company is "accelerating...
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With Nike-NBA Deal In Place, The Apparel Battle Now Shifts To NCAA
Thursday, June 11, 2015 - 12:39pm | 526Read More...The National Basketball Association (NBA) and Nike Inc (NASDAQ: NKE) announced this week that Nike will now be the exclusive provider of on-court apparel for the NBA, the WNBA and the NBA D-League. While the financial terms of the deal were not released, the agreement reportedly extends from...
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Four Reasons Nike Is So Hot Right Now
Thursday, June 11, 2015 - 10:58am | 552Read More...Nike Inc (NYSE: NKE) has become synonymous with athletic apparel after a decade of domination in the industry. Over the past year, Nike shares have seen a 35 percent increase. However, while its past success has been impressive, many investors have been looking to the company's future for even...
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The 10 Best CEOs In America
Thursday, June 11, 2015 - 8:10am | 417Read More...Career service website Glassdoor just released its annual Employees’ Choice Awards, which includes a list of the top American CEOs based on input from employees. Glassdoor leaves the survey open year-round and asks employees “whether they approve or disapprove of how their CEO is...
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Nike CEO Excited About Potential Of Apple Partnership, But Working With Other Partners
Friday, May 8, 2015 - 3:42pm | 315Read More...Nike Inc (NYSE: NKE) left the wearable device space some time ago. However, according to CEO Mark Parker, the company might have exited the space itself, but it's still focused on connecting with consumers digitally by collaborating with technology companies like Apple Inc. (NASDAQ: AAPL)....
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Analysts Expected A Beat On Nike's Q3, But Did The Company Just Do It?
Thursday, March 20, 2014 - 5:01pm | 591Read More...Nike (NYSE: NKE) is getting some love in after-hours trading after the company reported its third quarter results. There might have been a degree of fear leading up to the release. At market close, shares of Nike were up only 0.15 percent. Wedbush analyst Corinna Freedman said that she expected a...
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Market Wrap For March 6: Investors Find Positives In Jobless Claims
Thursday, March 6, 2014 - 6:06pm | 2478Read More...U.S. stocks rose as investors digested jobless claims data which fell to a three month low ahead of Friday's monthly employment report. The S&P 500 was lifted to a new all time high of 1,8881.94 while the Dow recorded modest gains. The Nasdaq finished in the red The Fed's Bill Dudley...
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Nike Rises Slightly After Q2 Earnings
Thursday, December 19, 2013 - 5:48pm | 322Read More...Nike (NYSE: NKE) is up less than one percent in after hours trading after the company announced its second quarter results. The company reported a Q2 EPS of $0.59 versus the Street estimate of $0.58. Earnings per share were up four percent from the year-ago period. Revenue arrived at $6.4...
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Nike Q1 EPS Tops Estimates As Investors Rally (NKE)
Thursday, September 26, 2013 - 4:33pm | 358Read More...Investors must have been anticipating this one. Nike (NYSE: NKE) is up more than five percent in after hours trading, but the stock began to grow minutes before the company's first-quarter results were announced. Nike's Q1 EPS came in at $0.86 -- $0.08 higher than the Wall Street estimate of $0....
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These Are the 100 Highest-Paid CEOs in Business Today
Monday, April 8, 2013 - 4:30pm | 2706Read More...The New York Times has published a list of the 100 highest-paid CEOS at U.S. public companies in 2012. Oracle (NASDAQ: ORCL) chief executive Larry Ellison is far and away the highest paid CEO on the list, as his $96.2 million in 2012 compensation dwarfs every other member on the list. The top ten...












