Calendar 2016 has been tough for leading athletic footwear and apparel retailer, NIKE Inc. NKE as its stock price continued to decline throughout the year. The company’s shares have declined 16.9% year to date, significantly underperforming …
Wall Street reminds me a little of the weather here in Florida, it’s either dry as a bone or you are engulfed in water. Although I can probably predict daily activity on Wall Street with the same degree of accuracy as I can the weather, I …
"All the other companies offered me money, but they (Nike) couldn't offer me money because they just started," Magic said. "So he said something [about] stocks—'I'm gonna give you a lot of stocks.' I didn't know nothing about stocks. I'm …
The chart below is not what you want to see if you’re Nike. After years of sustained growth, Nike’s business is straining to inch forward. In the quarter ending Aug. 31 2017, Nike had $9.07 billion in sales, still a staggering amount, but barely …
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Nike Inc. options are pricing in a bigger-than-average one-day move for the stock after the athletic apparel and accessories maker reports fiscal fourth-quarter results after Thursday's close. An options strategy known as a "straddle," which …
After today’s close of trading, we’ll get to see the earnings report out of Nike (NYSE: NKE). First Call has estimates at $0.81 EPS and $4.36 Billion in revenues. Next quarter is also its fiscal year end and estimates are $0.97 EPS on $4.85 …
DENVER -- LeBron James, perhaps Nike's premier pitchman, said Wednesday he was aware of the shoe company's tumbling stock after weaker-than-expected sales in its latest earnings report. And he didn't sound too worried. "Uh, …
Nike Inc.’s revenues came in just shy of expectations in the third quarter, spooking investors even though profits exceeded estimates.The athletic giant’s third-quarter earnings increased 20 percent to $950 million, or 55 cents a diluted share, …
Who hasn't owned a pair of Nike shoes? Nike shorts, or shirts? Virtually everyone has owned a piece or two of Nike apparel. The name and sportswear go hand in hand. However, if investors purchased or owned Nike stock over the last …
Under Armour slashed 2017 forecasts and reported its first quarterly fall in revenue since going public as the sportswear firm struggled against fierce competition from Nike and Adidas in North America. Shares in the maker of Stephen Curry …