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This basket consists of stocks gaining popularity from health and wellness.
U.S. stocks fell as new economic data pointed to weakness in the manufacturing sector and softening labor market trends. Earlier reports of progress toward tangible commitments for a trade deal between the U.S. and China failed to provide a lasting boost to stocks.
Domino’s, Facebook, Johnson & Johnson, Lyft and Nike are the companies to watch.
Jan Kniffen of J-Rogers Kniffen WWE and Drew Rosenhaus, CEO of Rosenhaus Sports Representation, discuss Nike's stock following Zion Williamson's injury blowing out his shoe during the Duke-UNC game.
Nike shares fell one day after a sneaker worn by emerging basketball star Zion Williamson split in half 33 seconds into a hotly anticipated game. Fred Katayama reports.
Duke's star basketball player Zion Williamson suffers a knee sprain after his Nike shoe breaks during a game. CNBC's Eric Chemi reports.
Chris "Mad Dog" Russo, SiriusXM host, joins CNBC's "Power Lunch" team to discuss Duke basketball player Zion Williamson's Nike shoe 'explosion' and what it may mean for the sport and the shoe company.
Duke superstar Zion Williamson's shoe ripped in half less than one minute into the game against the University of North Carolina. "We are obviously concerned and want to wish Zion a speedy recovery," Nike says. "While this is an isolated occurrence, we are working to identify the issue."
sneaker worn by Duke University basketball star Zion Williamson, who is expected to be the top pick in this summer’s National Basketball Association draft, ripped open during a high-profile game Wednesday night, at least temporarily bringing down the athlete, and with him a sliver of the company’s share price and reputation. “We are obviously concerned and want to wish Zion a speedy recovery,” Nike said in a statement. Nike’s crisis erupted in a flash of seconds during a televised live game and was quickly amplified by the reactions of people with huge followings on Twitter, including President Barack Obama, who was sitting courtside at the game.
On a per-share basis, the San Diego-based company said it had a loss of $2.03. Earnings, adjusted for non-recurring costs, were 54 cents per share. The results exceeded Wall Street expectations. The average ...
Apple has real risk as of the latest smart phone news, but Nike has no real risk as of the latest news concerning its product - ICYMI
declined 1.06% after Duke's Zion Williamson, one of the most popular collegiate athletes in the United States and a projected No. 1 pick in this year's NBA draft, injured his knee after his Nike shoe collapsed during a nationally televised game in North Carolina. fell 9.15% after the pizza chain posted weaker-than-expected fourth-quarter earnings as comparable sales at its U.S.-owned stores slumped 3.6%.
Foot Locker Inc.’s $275 million capital expenditure program planned for 2019 will put money behind the company’s business expansion in Asia, and continue a strategy put in place in 2018, according to Baird analysts. “The capital spending planned for 2019 reflects the increased investments in the company’s store fleet in all existing regions, including Asia, and in its digital initiatives,” the Foot Locker announcement said.
Nike shares slipped after much-hyped Duke basketball player Zion Williamson injured himself as his Nike shoe ripped apart in Wednesday's game vs. North Carolina.
In the spirit of the great Eric Miller, Chief Strategist at Donaldson, Lufkin and Jenrette when I worked there in the 1990s, here are some Random Gleanings from today's market activity. There is no bigger Duke Blue Devil fan than me. To see Zion Williamson go down 36 seconds into the game after his Nike PG 2.5 blew out was really disheartening to Duke fans everywhere.
Amazon.com Inc. (AMZN), the world’s largest online retailer, is rapidly growing in a broad range of businesses under founder and CEO Jeff Bezos, including its core e-commerce operations, cloud services, digital advertising, groceries and prescription drugs. It also sells Amazon products such as the Alexa personal assistant and ecosystem, and movies through its Amazon Video platform. While Amazon's e-commerce business has disrupted a long list of industries and put many traditional market leaders out of business, digital retailing isn't the major generator of the Seattle-based company's profits.
The mishap sent Nike Inc (NYSE: NKE) shares down as much as 2 percent Thursday. Williamson is expected to sign one of the biggest rookie shoe contracts in some time and plays for Duke, a Nike school, leading many to believe he will sign with the brand ahead of his first NBA season.