Trading Ideas
Nike makes Kaepernick face of 'Just Do it' campaign
On Labor Day, Nike made a surprise reveal: Colin Kaepernick is the face of its new 30th anniversary “Just Do It” marketing campaign. …read more […]
Year: 2018
Business News
Facebook, Nike drag Wall Street lower; trade concerns linger
U.S. stocks fell on Tuesday as trade concerns lingered and declines in Facebook and Nike shares weighed on Wall Street’s major indexes, though data showing U.S. manufacturing activity accelerated in August kept losses in check.
Trading Ideas
Breaking Down the August U.S. Auto Sales Reports
Sep.04 — General Motors Co.’s sales fell almost 13 percent in August as the automaker pulled back on sales incentives, especially for full-size pickups, people familiar with the matter said. Bloomberg’s David Welch breaks down August U.S. auto sales on “What’d You Miss?” …read more […]
Business News
Dollar climbs, emerging markets under pressure
Stocks fell in major markets around the world on Tuesday, and emerging markets currencies lost ground while the dollar rose as investors braced for an escalation in the U.S.-China trade conflict.
Business News
Facebook, Twitter face U.S. Congress over politics and the internet
Top Twitter Inc and Facebook Inc executives will defend their companies before U.S. lawmakers on Wednesday, with Facebook insisting it takes election interference seriously and Twitter denying its operations are influenced by politics.
Trading Ideas
Why Advanced Micro Devices, Ballard Power Systems, and El Pollo Loco Holdings Jumped Today
Find out which of these stocks had the best day. …read more […]
Business News
U.S. apple farmers afraid they will be hurt by U.S.-China trade battle
Apple farmers across the U.S. Northwest fear they will be the next victims of a U.S.-China trade war that left cherry growers in the same region with weak prices and having to scramble for alternative buyers because of prohibitive Chinese tariffs.
Business News
Kaepernick ads spark boycott call but Nike seen benefiting
Protesters burned their Nike shoes, investors sold shares and some consumers demanded a boycott after the footwear and apparel maker launched an advertising campaign featuring Colin Kaepernick, the NFL quarterback who sparked a national controversy by kneeling during the national anthem.
Business News
Amazon, Berkshire, JPMorgan’s healthcare venture names COO
The newly formed healthcare venture of Amazon.com Inc, Berkshire Hathaway Inc and JPMorgan Chase & Co on Tuesday hired Jack Stoddard as chief operating officer.
Business News
Facebook, Nike drag Wall Street lower, data limits losses
Declines in Facebook and Nike shares weighed on the S&P 500 and the Dow on Tuesday, although data showing U.S. manufacturing activity accelerated in August kept losses in check.
Trading Ideas
Nike slides after tapping Colin Kaepernick as the new face of its 'Just Do It' ads (NKE)
Colin Kaepernick is the new face of Nike’s “Just Do It” ad campaign. Follow Nike’s stock price in real-time here. Nike dropped 2.9% in trading Tuesday after the sneaker giant revealed Colin Kaepernick as the 30th anniversary face of its famous “Just Do It” ad campaign. …read more […]
Business News
Oil steady ahead of Storm Gordon; weighed by dollar, Cushing build
Oil prices were little changed on Tuesday, as energy infrastructure on the U.S. Gulf Coast braced for a hurricane, but gains were capped as a stronger dollar and report of rising stockpiles at the Cushing, Oklahoma hub weighed.
Business News
Emerging markets under pressure as dollar rises
Stocks fell in major markets around the world on Tuesday and emerging markets currencies lost ground while the U.S. dollar rose as investors looked for safety as they braced for an escalation in the U.S.-China trade conflict.
Business News
Twitter CEO to defend company before Congress against bias claims
Twitter Inc Chief Executive Jack Dorsey will tell Congress on Wednesday the company “does not use political ideology to make any decisions,” according to written testimony made public on Tuesday.
Trading Ideas
T-Mobile’s Sprint Deal Gets Tailwind From Chinese M&A Talks
A potential megadeal between Chinese wireless carriers could give a boost to two companies half a world away: T-Mobile US Inc. and Sprint Corp. China United Network Communications Group Co. is said to be exploring a merger with China Telecommunications Corp., a transaction that would unite the country’s second- and third-largest carriers. The Chinese deal would be part of that country’s push to develop advanced 5G network technology, raising concerns that the U.S. could fall behind in that area — a vulnerability that T-Mobile hopes to address with a Sprint acquisition. …read more […]