Shares of Nike Inc. Cl B NKE, + 0.46% inched 0.46% higher to $ 103.25 Wednesday, on what proved to be an all-around mixed trading session for the stock market, with the Dow Jones Industrial Average DJIA, + 0.27% rising 0.27% to 31,029.31 and the S&P 500 Index SPX, -0.07% falling 0.07% to 3,818.83. The … Read more
Nike Inc.’s quarterly sales were roughly flat and its inventory surged, signs that the sneaker giant is still trying to balance consumer demand with supply-chain snarls. Executives said they were optimistic as the company starts a new fiscal year, because production has surpassed prepandemic levels. They forecast stronger revenue growth for the year started June … Read more
Nike Inc. late Monday reported quarterly earnings above Wall Street expectations and said its board approved a new, $ 18 billion share buyback program, sending the apparel maker’s shares higher in the after-hours session. Nike NKE, -2.13% said it earned $ 1.4 billion, or 90 cents a share, in the fiscal fourth quarter, compared with … Read more
Pfizer Inc. spirit BioNTech SE vaccines modified to target the Omicron variant produced a significantly greater immune response than the companies’ currently available vaccine in a study, they said. A modified booster shot targeting Omicron specifically increased neutralizing antibody levels 13.5 to 19.6 times higher than the current shot in study volunteers a month after … Read more
Pfizer says changing its COVID-19 vaccine to better target the omicron variant is safe and effective. The update, in a statement issued Saturday, comes just days before regulators determine if Americans should receive another round of booster shots beginning this fall. The most widely used vaccines currently in circulation mostly target the original, more dangerous … Read more
Want Menswear You Can Brag About? Consider This OutfitThe Wall Street Journal 5 Menswear Items on Sale Now | Valet.Valet Mag View Full Coverage on Google News
The Metaverse Lures Brands Like Nike and Gap With New Ways to Market and Make MoneyThe Wall Street Journal
The latest inflation figures on June 10 were worse than expected and the effect on stock prices was brutal. A list of stocks in the S&P 500 and the Nasdaq-100 Index that have fallen at least 60% from 52-week highs is below. The consumer-price index report for May from the Bureau of Labor Statistics came … Read more
Corporate culture can be hard to define and even harder to measure – and it is among the most important factors shaping a company’s long-term performance. I’ve seen this up close at companies ranging from Berkshire Hathaway BRK.A, -1.74% BRK.B, -1.57%, which I wrote about in “Berkshire Beyond Buffett: The Enduring Value of Values,” to … Read more
Corporate culture can be hard to define and even harder to measure – and it is among the most important factors shaping a company’s long-term performance. I’ve seen this up close at companies ranging from Berkshire Hathaway BRK.A, -1.74% BRK.B, -1.57%, which I wrote about in “Berkshire Beyond Buffett: The Enduring Value of Values,” to … Read more