Check out the companies making headlines after the bell : Nike — Shares reversed and dropped 5% after the athletic footwear retailer noted that its sales...
Year: 2024
Switzerland becomes first major economy to cut interest rates in surprise move
The Swiss national flag hangs from the Federal Palace, Switzerland’s parliament building, in Bern, Switzerland, on Thursday, Dec. 13, 2018. The Swiss National Bank cut its inflation forecast...
Nike shares slide on lackluster outlook, slowing China sales
Nike‘s China sales continued to slow during its holiday quarter, but the retailer beat estimates on the top and bottom line, helped by better than expected...
ESPN’s model is eroding. Past and present execs are split on how it can protect its dominance
Disney‘s ESPN is at a crossroads. For more than 40 years, the world’s largest all-sports network has grown annual revenue by increasing cable subscription fees. ESPN...