nike

Nike Will Not Supply Iran's Soccer Team Ahead of World Cup

Nike Will Not Supply Iran's Soccer Team Ahead of World Cup

One week out from the World Cup and international tensions are rising as Nike Inc (NYSE: NKE), an American sportswear giant, said their cleats won’t be provided for the Iranian National team following the Trump administration’s plan to r..

Nike Shares Up After Earnings

Nike Shares Up After Earnings

NIKE, Inc. (NYSE: NKE) stock jumped more than 6% after the popular copmany has reported financial results for its fiscal 2018 third quarter ended February 28, 2018. Revenue growth was led by international geographies and NIKE Direct globally. The co..

Nike Executive Resigns Amid Inappropriate Behavior Complaints

Nike Executive Resigns Amid Inappropriate Behavior Complaints

Nike Inc.’s (NYSE: NKE) brand president, Trevor Edwards will resign and leave the company effective in August amid inappropriate workplace complaints, reports The Wall Street Journal, citing a Nike spokeswoman.The Journal cited an internal mem..

Adidas Increases Focus to Up U.S. Market Share

Adidas Increases Focus to Up U.S. Market Share

When people think of Adidas in the U.S., sportswear, sneakers, and the infamous trackpants immediately come to mind. The German sportswear maker plans to increase its U.S. market share to around 15-20% in the new year from the approximate 10% that m..

Wall Street's Bumpy Week Ends, Solid First Half

Wall Street's Bumpy Week Ends, Solid First Half

On Friday, Major U.S. stock indexes were poised to end a volatile week on a high note. Nike's well-received quarterly report boosted it. S&P 500 posted it's best first half of the year since 2013.Shares of Nike Inc (NYSE: NKE) rose ..

Nike Earnings up After Strong Earnings

Nike Earnings up After Strong Earnings

Nike Inc. (NYSE: NKE) shares up more than 9% Friday, after the company reported fiscal 2017 financial results for its fourth quarter and full year ended May 31, 2017.For the 4th quarter Nike reported revenues of $8.1 billion, up 7 percent on a curre..

Amazon as Potential Platform for Nike to Sell It’s Products

Amazon as Potential Platform for Nike to Sell It’s Products

After Goldman Sachs (NYSE: GS) announced that Nike Inc. (NYSE: NKE) could potentially start selling directly on Amazon.com Inc (NASDAQ: AMZN), Nike Inc’s shares rose as 2 percent. This change can raise competition for brick-and-morta..