Nike owner Phil Knight watches warm ups before the game between the Utah Utes and the Oregon Ducks at Autzen Stadium on September 19, 2009 in Eugene, Oregon. (Steve Dykes, Getty Images) ATLANTA (AP) — Nike co-founder and Chairman Phil Knight placed about $1.32 billion worth of his shares in the company in three trusts, [...]
Nike Inc. reported North American web sales increased 23% for the second quarter of fiscal 2010 while comparable store sales grew by 9% compared with the prior-year quarter. The athletic shoes, apparel and gear brand manufacturer did not break out web sales. Direct-to-consumer sales, including web sales, grew 14% for the quarter. rofitability for Nike [...]
A focus on earnings Clearly, the U.S. faces many long-term structural problems. But the stock market, which began its remarkable leap after investors concluded that economic Armageddon was no longer at hand, will advance as it responds to an improving earnings picture. And treading carefully amid the wreckage in the economy, investors can still find [...]
That’s all that marks Kenda Lenseigne from something extraordinary: a world championship. She waits to enter the arena and can almost hear the tension crackling in the air. The crowd holds its breath, waiting for her. It’s October and this cowgirl from Sultan is one run away from beating last year’s reigning world champion in [...]
