DUBAI / WAM His Highness Sheikh Mohammed bin Rashid Al Maktoum, Vice President, Prime Minister …
Read More »Nike’s race higher hits stumbling block after earnings
Bloomberg After hitting a record high, Nike Inc. is finding it harder to keep investors happy. Even though the company posted quarterly results that sailed past Wall Street estimates, the shares dipped, suggesting some investors were looking for an even bigger upside surprise. Fiscal second-quarter profit rose to 70 cents a share, Nike said, beating 58-cent average of analysts’ estimates. …
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