DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Nike earnings top estimates, eases concerns about slowdown
Bloomberg Nike Inc. posted second-quarter results that surpassed analysts’ estimates, soothing concerns that the world’s largest sports brand is losing ground to competitors such as Adidas AG and Under Armour Inc. Profit was 50 cents a share in the period, which ended Nov. 30, Nike said in a statement. That compared with the 43-cent average of analysts’ projections. Sales …
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