Nike is near new highs but still a great buy. Darden Restaurants might be tempting but we’re taking a pass. Nike’s Q2 Profit Beats View Athletic footwear and apparel maker Nike, Inc. late Thursday said its second quarter profit fell 4% from last year, but results still beat analyst expectations. The Beaverton, Ore.-based company reported [...]
U.S. stock futures advanced Friday morning, showing Wall Street is ready to reverse the negative trend of the last few days. Several strong and better-than-expected company reports late Thursday contributed to the changing atmosphere as investors regained confidence in companies’ profit prospects. Wall Street markets fell about 1.2% Thursday and the dollar surged as Greece’s [...]
