Por: CNBC Business September 30, 2022
Check out the companies making headlines before the bell: (NKE) – Nike slumped 10% in the premarket after it reported a 44% increase in inventories for its latest quarter, and said it would offer more discounts heading into the holiday season. The athletic footwear and apparel maker reported better-than-expected profit and revenue for its latest quarter.related investing newsan hour ago (MU) – Micron gained 1.5% in the premarket after it... + full article
New York Post USA Business October 01, 2022
Inflation-battered shoppers will soon find some huge deals on Nike products. The world’s biggest sportswear company said it was stuck with a glut of out-of-season inventory that will force it to mark down prices going into the all-crucial holiday period. Nike, based in... + más
Nike is going on sale, and its stock is plunging | CNN
Nike shares fall as overstocked inventory weighs on earnings | CNBC
MarketWatch USA Business September 30, 2022
“As we look ahead, macroeconomic uncertainty is high and visibility is low,” Micron Chief Financial Officer Mark Murphy told analysts on a conference call. He forecast the company’s inventories will continue to rise further from their high levels in the first half of... + más
Micron earnings suggest the chip downturn could be worse than Wall Street expects | MarketWatch
Micron cuts capital spending in half to stem oversupply cycle, shares slip | MarketWatch
CNN USA Business September 30, 2022
New York CNN Business — Add Nike to the list of brands and stores to clear it off shelves. Nike said Thursday its inventory levels soared 65% in North America, its largest market, and 44% overall last quarter from a year ago. After navigating in 2021 Nike is now carrying... + más
Nike to offer big discounts amid a glut of inventory | New York Post
Nike earnings preview: Why analysts are trimming profit forecasts | MarketWatch
MarketWatch USA Politics September 30, 2022
Micron cuts capital spending to stem 'unprecedented' oversupply cycle | MarketWatch
CNBC USA Business September 29, 2022
Check out the companies making headlines before the bell: (AAPL) – Apple lost 2.2% in the premarket after BofA Securities downgraded it to neutral from buy. BofA said Apple has held up relatively well in a down market, but it expects a negative impact on the company from... + más
Bed Bath & Beyond is failing fast | CNN
Bed Bath & Beyond touts turnaround as losses widen | Fox Business
MarketWatch USA Business September 24, 2022
See also: With the U.S. economy faring relatively well and pushing the dollar higher as compared to other currencies, some analysts are trimming their estimates on Nike for the quarter or the year. Analysts at Credit Suisse said in research note Friday that they were lowering... + más
North Carolina woman prints her resume on a cake, has it delivered to Nike | 10 WBNS
Nike Postpones Next Travis Scott Drop as Houston Officials Decline 3rd Party Investigation Into Astroworld Tragedy | The Root
CNBC USA Business September 22, 2022
Check out the companies making headlines before the bell: (ACN) – The consulting firm reported a better-than-expected quarterly profit and revenue, but gave a weaker-than-expected revenue forecast for the current quarter. Accenture pointed to IT spending cuts by corporate... + más
Olive Garden sales fall short, but parent company Darden stands by outlook | CNBC
Billionaire Lukas Walton’s family office accelerates impact-investing push | CNBC
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