Nike Inc. Cl B stock rises Wednesday, outperforms market

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 Posts Flat Sales, Jump in Inventories

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’s quarterly profit beats Wall Street expectations, $ 18 billion buyback approved

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’s Omicron-Targeting Covid-19 Vaccines Generate Stronger Immune Response

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 updated booster can provide more protection against omicron

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 Outfit – The Wall Street Journal

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 Money – The Wall Street Journal

The Metaverse Lures Brands Like Nike and Gap With New Ways to Market and Make MoneyThe Wall Street Journal

These 19 big tech stocks have now dropped at least 60% from their 52-week highs

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

Opinion: With global stock markets in turmoil, a healthy corporate culture counts more than ever. Here’s what to know.

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

Opinion: With global stock markets in turmoil, a healthy corporate culture counts more than ever. Here’s what to know.

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