sports

Finish Line Reported Fourth-Quarter Results, Shares Drop

Finish Line Reported Fourth-Quarter Results, Shares Drop

On Thursday, the Finish Line, Inc. (NASDAQ: FINL), which is an athletic retailer, announced its financial results for the fourth quarter of 2018. Shares of the company dropped 1.7% in premarket trading on Thursday after the announcement.According to..

Lululemon Shares Jumps After Quarterly Results Top Analysts Estimate

Lululemon Shares Jumps After Quarterly Results Top Analysts Estimate

Lululemon Athletica Inc. (NASDAQ: LULU) on Tuesday announced fourth-quarter earnings and revenue that beat analysts’ estimates, sending its shares up more than 10 percent.The yoga apparel company said net revenue rose 18 percent to $928.8 mill..

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..

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..

Under Armour Stocks Drop After Downgrade from Wall Street Firm

Under Armour Stocks Drop After Downgrade from Wall Street Firm

Under Armour Inc (NYSE: UA) shares fell 3.7% on Tuesday after Wall Street firm Susquehanna Financial highlighted poor brand management. According to Susquehanna Financial, Under Armour will reverse its course and lose its 30% gain from the past eigh..

Ferrari Raised Full-Year Guidance After Third-Quarter Results

Ferrari Raised Full-Year Guidance After Third-Quarter Results

Ferrari (BIT: RACE), the Italian luxury sportscar maker, announced its financial results for the third quarter of 2017 on Thursday.Revenue for the third quarter increased 7% to 836 million euros, which was in line with analysts’ estimates. The..

China Limiting Overseas Investments

China Limiting Overseas Investments

China is looking to curb domestic companies’ investments abroad in property, sports, entertainment, and other fields after many series of high profile, multi-billion dollar acquisitions by Chinese firms. Regulators are aiming to stop foreign a..