Nike Inc (NKE.N)
19 Jul 2018
LONDON British retailer Sports Direct booked an 85.4 million pound ($111.3 million) charge for a disastrous investment in department store chain Debenhams , raising questions over its strategy of taking big stakes in other businesses.
* Shares fall as much as 11.6 pct (Adds detail, finance chief, analyst comment, updates shares)
A patent holding company aggressively litigated a meritless patent case against Nike Inc, Fitbit Inc, GoPro Inc and other makers of fitness trackers and cameras and must cover their attorneys' fees, a federal judge ruled on Friday.
In a World Cup brimming with upsets, Nike Inc looks on track to defeat soccer juggernaut and archrival Adidas AG in the closely watched jersey sponsorship battle. | Video
July 2 Australian shares are likely to start the week marginally higher on Monday, following Friday's gains on Wall Street after the world's largest footwear maker Nike Inc beat fourth quarter profit estimates. All three of Wall Street's major stock indexes strengthened on Friday, gaining in the range of 0.08 percent to 0.23 percent. The Australian local share price index futures rose 0.37 percent, or 23 points, to 6,171, a 23.6 point discount to the unde
NEW YORK Wall Street's major stock indexes edged higher on Friday, as a surge in Nike Inc shares helped the quarter close out on an upswing while concerns over U.S. international trade relations ebbed. | Video
* Indexes up: Dow 0.2 pct, S&P 0.1 pct, Nasdaq 0.1 pct (Updates to close)
NEW YORK, June 29 A surge in Nike Inc shares and a rally in bank stocks lifted Wall Street's major stock indexes on Friday, though all three still posted weekly declines.
* Indexes up: Dow 0.9 pct, S&P 0.7 pct, Nasdaq 0.6 pct (Updates to late afternoon, changes byline, adds NEW YORK to dateline)
Nike Inc's shares jumped 12 percent to their all-time high on Friday after the world's largest shoe maker saw a major sales rebound in its North America business and forecast strong growth for 2019. | Video