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U.S. Stock-Index Futures Climb as Nike Rises on Better Earnings

2015-03-21 07:00:41| Jewelry - Topix.net

U.S. stock-index futures rose, indicating equities may advance, amid Nike Inc.'s stronger-than-predicted earnings as the Standard & Poor's 500 Index heads toward its biggest weekly gain in five. Nike rallied as demand in North America and a bounce back in China offset the drag from a strong dollar on European sales.

Tags: earnings nike futures rises

 

Nike Posts Strong Quarter; Ups Digital Ad Spending

2015-03-20 22:47:43| Apparel - Topix.net

Fed by especially strong demand in North America, Nike posted stronger-than-expected results for its fiscal third quarter, and increased spending on digital brand marketing and sports marketing. The Beaverton, Ore.-based company says revenues for Nike Inc. climbed 7% for the period to $7.5 billion, a 13% jump on a currency-neutral basis.

Tags: posts digital strong ups

 
 

Wall Street climbs on Nike, biotech lift

2015-03-20 18:38:08| Apparel - Topix.net

U.S. stocks rose on Friday, lifted by results from Nike and another climb in biotechs, as investors assessed the impact of a stronger dollar on corporate earnings. Dow component Nike jumped 3.7 percent to $101.95 after it posted a quarterly profit that beat market estimates.

Tags: street wall lift wall street

 

Wall Street climbs on Nike, biotech lift

2015-03-20 16:27:06| Jewelry - Topix.net

U.S. stocks rose on Friday, lifted by results from Nike and another climb in biotechs, as investors assessed the impact of a stronger dollar on corporate earnings. Dow component Nike jumped 3.7 percent to $101.95 after it posted a quarterly profit that beat market estimates.

Tags: street wall lift wall street

 

Wall Street set for higher open as Nike provides lift

2015-03-20 15:03:41| Footwear - Topix.net

U.S. stocks were poised for a higher open on Friday, with the S&P 500 on track to snap a three-week losing skid, buoyed by Nike earnings, as investors assessed the impact of a stronger dollar on corporate earnings. U.S. stocks fell on Thursday as a stronger dollar weighed on oil and other commodity prices, sending energy and materials sectors lower, to continue a recent pattern of trading sessions alternating between gains and losses that began at the start of the month.

Tags: set open street provides

 

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