|Bid||311.80 x 0|
|Ask||0.00 x 0|
|Day's Range||311.80 - 311.80|
|52 Week Range||258.50 - 347.40|
|PE Ratio (TTM)||124.22|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Sign up to receive FirstFT by email here Japanese Prime Minister Shinzo Abe's gamble on calling an early election has paid off. Mr Abe's ruling Liberal Democratic party-led coalition secured a two-thirds ...
An avid marathon runner, Knox Robinson can wear through a dozen pairs of trainers a year. Yet when it comes to racing, he has one go-to shoe - the Nike Flyknit Racer. For many athletes, the specially designed ...
Nike is an American multinational company engaged in the design, manufacture, marketing, and sale of footwear, apparel, equipment, accessories, and services. Nike is currently a member of the Fortune 500 list with a market cap of $86.6 billion, but what is one share of the business worth?
While Nike’s new eight-year on-court apparel deal is the biggest news among NBA licensees, it’s not the only noteworthy development. Bringing on Nike as the master licensee catalyzed a reshuffle among the NBA’s other apparel licensees. Mitchell & Ness, sold last year by Adidas to a company headed by former Nike marketer Kevin Wulff, now has headwear and apparel exclusivity within the retro “Hardwood Classics” line.
The NBA’s 2017-18 season began this week with many of the league’s partners activating heavily around the tipoff. Kia (KIMTF), which signed a multiyear renewal with the NBA this offseason, again is the title partner of Kia NBA Tip-Off and will continue as sponsor of the Kia NBA Performance Awards and Kia NBA All-Star MVP award. The company again will sponsor a season-long sweepstakes on NBA social channels.
When Nike hosted its last Investor Day, back in 2015, business was roaring. Nike was on pace to be one of the best performers in the S&P 500 that year, and management was excited about what was in store going forward. The company projected that revenue in North America would hit $20 billion by May 2020, up from about $14 million at the time.
"We don't get a lot of physical activity here, so I felt that Marathon Kids would give us something to work towards while we get healthy and have fun at the same time," one of the participants said. SAGE Youth Residential Program, a division of Morrison Child and Family Services, is one of the organizations that received a grant this year from Nike's Community Impact Fund.
A year after acquiring Virgin Mega, Nike is revealing some of the early results of its experiments with augmented reality and community-building.
Nike inventories are too high at its brick-and-mortar stores, forcing hefty discounts, said Goldman Sachs, which downgraded the athletic apparel and shoe giant to neutral.
Nike Inc (NYSE: NKE ) has been downgraded by Goldman Sachs from a Buy rating to a Neutral one ahead of the company’s investor day on Oct. 25. Goldman Sachs analyst Lindsay Drucker Mann expects Nike shares ...
It's a tale of two sneaker stocks today: Goldman Sachs downgraded Nike (NKE), while Oppenheimer reiterated a bullish stance on Adidas (ADDYY), although the two stocks aren't reacting as you might think. Goldman's Lindsay Drucker Mann and her team cut their rating on Nike to Neutral from Buy, maintain a price target of $54. Mann writes that the shares will be range-bound as Nike works through excess inventory in the U.S., but at the same time valuation will be supported in the low-20 area.
Stocks dropped hard at Thursday's open, as undertow from global markets, company news and mixed early earnings reports took a toll.
The Dow looks set to drop around 100 points as U.S. markets look to follow international stocks lower this morning. S&P 500 futures have fallen 0.5% , while Dow Jones Industrial Average futures have declined ...
Shares of Nike Inc. slid 1.6% in premarket trade Thursday, after Goldman Sachs downgraded the stock to neutral from buy, saying it expects them to be range-bound as the company works through excess stock ...
Goldman lowers its rating for Nike to neutral from buy, citing an intense promotional environment for the company's products.
Michael Jordan is showing he still has the ability to score big — even though he hasn't played in nearly 15 years. The Hornets owner's latest slam dunk off the court might come by way of the NBA's new ...
Yahoo Finance's Seana Smith is tracking Apple, Nike and PayPal in intraday trading on Thursday.
Verizon, American Express, Nike, Blue Apron and Gilead Sciences are among the stocks to watch.