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Nike: Shares To Continue Outperformance

2016-03-27 10:52:43| Footwear - Topix.net

Nike shares fell from a high of $65.44 on Tuesday before earnings were released to a close of $61.65 on the week. This is after an earnings beat that was overshadowed by light revenue and weaker than expected guidance.

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FAPRI projects cow-calf profit to continue

2016-03-26 02:45:00| Beef

We are looking at several years of pretty tight financial situation for U.S. agriculture," says Pat Westhoff, director of he Food and Agricultural Policy Institute (FAPRI) at the University of Missouri. "Farm income is less than half of the 2013 peak and we expect it to remain low for the next several years." The recent FAPRI U.S. Baseline Briefing Book projects crop and livestock price for the next decade. Though profitability in the cow-calf sector is down sharply, it is still above historical levels," Westhoff says. "This will promote further small increases to the herd in coming years. read more

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Increased feedlot placements and marketings will continue

2016-03-26 02:35:00| Beef

An extra day in February this year contributed to higher year to year feedlot placements. Derrell Peel, Extension livestock marketing specialist at Oklahoma State University also points out placements last year were 5% less than the 5-year average. Nevertheless, Peel explains, it was the first significant year-over-year increase in placements in two years. "Larger feeder cattle supplies mean that more cattle will be coming to feedlots and increased year-over-year placements will likely be the expectation for many months to come, Peel says. read more

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Will Consumer Staples ETFs Continue To Shine In 2016?

2016-03-25 03:49:15| Beverages - Topix.net

Despite a moderate recovery in the U.S. economy, investors are skeptical about the global issues that have been haunting the markets lately. The global economic slowdown and financial mayhem in China are the main reasons behind the stock market volatility and the decline in the global commodity complex.

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Natuzzi: Group Results Continue to Improve Positive EBITDA in 2015

2016-03-24 17:06:40| Furniture - Topix.net

The improved sales mix and quality of sales, together with favorable currency movements, have generated a 5.9% revenue growth, accompanied by a significant gross margin and EBITDA improvement. In 2015, the Natuzzi brand represented 69.7% of upholstery sales, with the remaining 30.3% in Private Label.

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