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“These tariffs represent a new and meaningful cost headwind,” said Matthew Friend, Nike’s chief financial officer, via The ...
Nike's shares rose 10% as it announced a strategic shift from China production and forecasted a better performance. With new ...
Nike has admitted that tariffs will represent a billion dollar hit but claims that the worst is behind it as its turnaround plan takes shape with a refocus on wholesale.
By Joel Jose and Helen Reid (Reuters) -Nike shares surged 10% in premarket trading on Friday as an encouraging forecast ...
Nike is forecasting it will have to pay $1 billion in additional costs because of President Donald Trump’s tariffs, the ...
US stock futures rise on trade deals. S&P 500 and Nasdaq are testing record highs. Inflation data are due before the bell.
Investors are looking to the inflation print to test bets that a Federal Reserve rate cut could land sooner rather than later ...
The US and China stepped closer to a full tariff and trade deal on Thursday, making a pact to formally cement the informal ...
Futures for Canada's main stock index were muted on Friday, as safe-haven gold fell to a near one-month low, ahead of key U.S. inflation data due later in the day. The TSX Composite Index sprinted 185 ...
The shares of MP Materials Corp (NYSE:MP) are 4.6% lower in electronic trading, with the domestic rare earths miner seemingly ...
Progress on the U.S. trade front and weaker economic data bolster the case for a September rate cut by the Federal Reserve, according to Thierry Wizman, global foreign-exchange and rates strategist at ...
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