Nike Inc.’s warning of a slower year ahead led several analysts to strip the stock of their buy calls putting Wall Street’s outlook at a more than six-year low.
Nike’s Sales Warning Leads Morgan Stanley, JPMorgan and More to Pause Buy Calls on StockBaupost Cuts Almost a Fifth of Investing Staff in Record CullTreasuries Advance After Key Inflation Data Matches ExpectationsMicrosoft’s $13 Billion OpenAI Pact Faces Extra EU ScrutinyHeat Waves and Wildfires Set to Persist in Europe Next MonthTop Fertilizer Maker Says ‘Black Swan’ Jolts Are Finally EasingAngola’s Rising Oil Exports Validate Decision to Quit OPECTurkey Taken Off Dirty Money ‘Gray List’ of...
3 Billion SurplusRand Leads Emerging-Market Gains on Encouraging Political NewsBanks Press UK to Delay Basel Rules Again as US Process Drags OnTurkey Taken Off Dirty Money ‘Gray List’ of Global WatchdogUK State Bank Warns of £1 Million Bill to Hire a Top ExecutiveVenezuela, Monaco Added to Watchdog’s Dirty Money ‘Gray List’Biden’s Disastrous Debate Accelerates Doubts Over CandidacyMongolians Head to Polls for Country’s Biggest-Ever ElectionLe Pen’s National Rally Solidifies Lead Two Days...
Canada Latest News, Canada Headlines
Similar News:You can also read news stories similar to this one that we have collected from other news sources.
BYD Leads Chinese Car Brands Past Ford and Chevy in Global SalesChina’s carmakers outsold their US counterparts for the first time last year, a testament to the shifting power dynamics in the global auto market.
Read more »
Nike Tumbles After Warning That Sales Slump Is Getting Worse(Bloomberg) -- Nike Inc. shares sank after the world’s largest sportswear company issued a full-year outlook that missed expectations, reinforcing investor...
Read more »
Waterloo home sales slow in May, condo sales very sluggish: RealtorsA total of 742 homes changed hands last month, which is a 8.2 per cent below what was a slow May in 2023, according to the Waterloo Region Association of Realtors.
Read more »
Can Lululemon's international sales offset slowing US sales?Lululemon (LULU) shares are climbing in after-hours trading after beating first quarter earnings estimates and raising its share buyback program to $1...
Read more »
4 important ways estate sales differ from regular home salesWhether you are selling a property or have found one you love, rely on trusted resources and professional advice
Read more »
Saskatoon’s Catton leads Saskatchewan contingent ahead of 2024 NHL DraftSaskatchewan is expected to be well represented at the 2024 NHL Draft in Las Vegas, with several prospects from the province expected to be selected in the first few rounds.
Read more »