Currency, golf woes send Adidas earns lower
AP - Tue May 06, 4:03AM CDT
FRANKFURT, Germany (AP) — German shoe and sports equipment company Adidas AG says first-quarter net profit fell 34 percent as currency exchange rates and changes at its TaylorMade golf business weighed on the bottom line.
Business events scheduled for Tuesday
By The Associated Press - AP - Mon May 05, 1:03PM CDT
Major business and economic events scheduled for Tuesday:
Business events scheduled for the coming week
By The Associated Press - AP - Fri May 02, 11:45AM CDT
MONDAY, May 5
Is Nike Rebounding in China?
Chris Brantley, The Motley Fool - Motley Fool - Wed Apr 30, 8:00AM CDT
After its China sales declined for three consecutive quarters (the third quarter of 2013 through the first quarter of 2014), Nike began to turn things around in the second quarter of 2014. The growth continued in the third quarter, although future...
OTC Markets Group Announces First Quarter 2014 Performance of OTCM ADR Index
PR Newswire - Mon Apr 28, 3:10PM CDT
OTC Markets Group Inc. (OTCQX: OTCM) today announced the OTCM ADR Index powered by BNY Mellon DR IndicesSM (Bloomberg/Reuters: OTCDR; Thomson: DFCDR), the only index exclusively tracking American Depositary Receipts ("ADRs"
Business events scheduled for the coming month
By The Associated Press - AP - Fri Apr 25, 1:02PM CDT
THURSDAY, May 1
Go Meb! Skechers Gets a Leg Up With Boston Marathon Win
at The Street - Tue Apr 22, 10:13AM CDT
Meb Keflezighi won the hearts of Americans with his Boston Marathon win. He also won over shareholders of Skechers USA.
RG3's New Adidas Logo Is Smart Business, Bad Timing
Jake Mann, The Motley Fool - Motley Fool - Sat Apr 12, 7:26AM CDT
Adidas and Robert Griffin III probably never imagined the controversy a logo would create. The Washington Redskins quarterback and his apparel sponsor revealed a new look that capitalizes on the nickname "RG3" earlier this week. Despite a generally...
Nike’s Pullback Is a Buying Opportunity
Shirish Mudholkar, The Motley Fool - Motley Fool - Sat Apr 12, 6:00AM CDT
Sports apparel and footwear giant Nike 's performance this year hasn't been up to the mark. Its share price dropped almost 8% after the company released its third-quarter results last month. Moreover, with competition from the likes of Under...
David Beckham and Simon Fuller Raise Diageo's Drinks, Bottom Line
at The Street - Wed Apr 09, 8:27AM CDT
David Beckham and Sean 'Diddy' Combs are helping Diageo gain market share in liquor sales.
BNY Mellon and OTC Markets Group Launch OTCQX® ADR 30 Index, Powered by BNY Mellon DR Indices(SM)
PR Newswire - Wed Apr 09, 7:15AM CDT
BNY Mellon, a global leader in investment management and investment services, and OTC Markets Group Inc., operator of Open, Transparent and Connected financial marketplaces, today launched the OTCQX ADR 30 Index ("OTCQX30"
Unraveling the Changing Made-in-China Clothing Business
at The Street - Mon Apr 07, 7:25AM CDT
Clothing manufacturers are leaving China, but makers of basics such as spandex are doing well.
What to Make of Nike’s Third Quarter
Dan Moskowitz, The Motley Fool - Motley Fool - Tue Apr 01, 3:37PM CDT
nike.com As you might already know, the Street wasn't impressed by Nike 's third quarter. The primary reason for this was China, where Nike's future orders declined by 3%. However, the Street focused on the wrong number. Yes, China is important...
Nike’s New Johnny Manziel Pro Day Collection Gear Is Genius Marketing
Jake Mann, The Motley Fool - Motley Fool - Mon Mar 31, 11:48AM CDT
Pro days are typically boring and pre-orchestrated, but Johnny Manziel's was a rare spectacle last week. Working out in front of a crowd that included former President George H.W. Bush, the potential No. 1 NFL draft pick did something never seen...
How Nike Manages to Constantly Beat on Earnings
Victoria Zhang, The Motley Fool - Motley Fool - Sun Mar 30, 11:46AM CDT
A few companies lead the global sports apparel market, and they succeed thanks to their innovative products and their strong branding. With the World Cup in Brazil coming up this summer, these organizations have an opportunity to improve their sales...
Nike's Got Plenty of Room Left to Run
Andrew Marder, The Motley Fool - Motley Fool - Tue Mar 25, 5:00PM CDT
Last week, Nike announced strong third-quarter earnings, but the company took a hit from the investing world when it forecast a weaker fourth quarter. For investors looking to get into this strong brand, the 5% decline could offer a relatively...
Nike's Future Growth Does Not Hinge on the World Cup
Chris Brantley, The Motley Fool - Motley Fool - Tue Mar 25, 9:41AM CDT
Don't panic if earnings for Nike come up a little short this quarter. It's invested a lot into getting ready for the 2014 World Cup -- the world's most-watched sporting competition. Yes, the speculators, the short-term guys, may jump ship if...
This Global Retail Giant Can't Seem to Figure Out China
Sean Williams, The Motley Fool - Motley Fool - Sun Mar 23, 1:10PM CDT
Over the past decade, the formula for success for U.S. businesses looking for new avenues of growth has been to turn to China. China offers nearly everything a business could desire, including: A rapidly growing middle-class eager to spend...
Nike Falls After Earnings: Should You Buy?
Andrés Cardenal, The Motley Fool - Motley Fool - Fri Mar 21, 3:20PM CDT
Source: NIke. was falling by more than 3% on Friday as investors reacted with negativity to the company's latest earnings report. Nike is facing some difficulties in China, and competition from high-growth player Under Armour is a relevant...