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Tag: Nike Inc

Dow and S&P 500 pare gains, Amazon up 2.5%

Dow and S&P 500 pare gains, Amazon up 2.5%

Jeff Bezos, president and CEO of Amazon and owner of The Washington Post, speaks at the Economic Club of Washington DC’s “Milestone Celebration Dinner” in Washington, September 13, 2018. Joshua Roberts | Reuters 10:35 am: Wall Street’s fear gauge falls below 60 The Cboe Volatility Index, Wall Street’s preferred fear gauge, fell to its lowest level […]

Goldman sees zero earnings growth for US companies this year because of coronavirus

Goldman sees zero earnings growth for US companies this year because of coronavirus

Apple staff and customers, wearing facemasks to protect against the COVID-19 coronavirus, are seen on the shop premises in Beijing on February 22, 2020. Nicolas Asfouri | AFP | Getty Images Earnings growth for U.S. companies will be stagnant in 2020 as a result of the coronavirus, according to Goldman Sachs. The Wall Street firm […]

Dow futures down 770, airlines slide, Apple drops

Dow futures down 770, airlines slide, Apple drops

Traders work on the floor of the New York Stock Exchange. Brendan McDermid | Reuters This is a live blog. Please check back for updates. 8:32 am: Chipmaker stock ETFs fall sharply The VanEck Vectors Semiconductor ETF (SMH) and the iShares PHLX Semiconductor ETF (SOXX) were both down more than 3% in the premarket, putting […]

Dish Network, Garmin, Tesla, Uber & more

Dish Network, Garmin, Tesla, Uber & more

Take a look at some of the biggest movers in the premarket: Dish Network (DISH) – The satellite TV provider beat estimates by 10 cents a share, with quarterly earnings of 69 cents per share. Revenue also beat forecasts. Pay-TV subscribership declined, but at a slower pace. Garmin (GRMN) – The maker of GPS and […]

Dow record, Charlie Munger on Tesla, Apple jumps

Dow record, Charlie Munger on Tesla, Apple jumps

This is a live blog. Check back for updates. 4:01 pm: Dow rallies 270 points to a record The Dow jumped about 276 points to hit a record close on Wednesday, lifted by solid gains from UnitedHealth and Nike. Apple also rallied 2.4%. The gains brought the blue-chip index’s month-to-date rise to 4.5% as investors […]

S&P 500 is headed for a record close, fully erasing the coronavirus-related losses of past 2 weeks

S&P 500 is headed for a record close, fully erasing the coronavirus-related losses of past 2 weeks

Stocks rose on Wednesday, pushing the S&P 500 back to levels hit prior to the coronavirus scare.  The broad index traded 1.1% higher, led by strong gains in the energy, financials and health care sectors. That gain put the S&P 500 on pace to notch a record closing high. It also erased its losses stemming from fears […]

Ford, Snap, Match Group and more

Ford, Snap, Match Group and more

Visitor walk past a Ford Escape Titanium at the Shanghai Auto Show in Shanghai on April 17, 2019. Greg Baker| AFP | Getty Images Check out the companies making headlines after the bell: Ford – The automaker’s stock dropped 10% in extended trading after the company missed on earnings but beat revenue in its fourth-quarter […]

Dow up big, Tesla tops $900 in parabolic move

Dow up big, Tesla tops $900 in parabolic move

Tesla CEO Elon Musk speaks during the unveiling of the new Tesla Model Y in Hawthorne, California on March 14, 2019. Frederic J. Brown | AFP | Getty Images This is a live blog. Check back for updates. 3:11 pm: Tesla soars 21% at session high Shares of Tesla surged 21% to its session high of […]

Bath & Body Works could see soap sales surge as coronavirus spreads

Bath & Body Works could see soap sales surge as coronavirus spreads

Roberto Machado Noa | LightRocket | Getty Images Bath & Body Works owner L Brands could be poised to benefit from an increase in sales of its soaps and hand sanitizers as consumers try to protect themselves from the spread of the deadly coronavirus, an analyst said Monday. The retailer “could experience (and meet) a […]

Amazon to ramp up counterfeit reporting to law enforcement

Amazon to ramp up counterfeit reporting to law enforcement

Amazon CEO Jeff Bezos attends a commemoration ceremony held in front of Saudi consulate on the first anniversary of his murder, in Istanbul, Turkey on October 02, 2019. Elif Ozturk | Anadolu Agency | Getty Images Amazon is planning to give more data on counterfeit goods to law enforcement in a further crackdown on fakes […]