Nike Stock News

A whale with a lot of money to spend has taken a noticeably bearish stance on Nike . Looking at options history for Nike (NYSE: NKE ) we detected 11 strange trades. If we consider the specifics of each trade, it is accurate to state that 27% of the investors opened trades with bullish expectations and 72% with bearish. From the overall spotted trades, 8 are puts, for a total amount of $860,630 and 3, calls, for a total amount of $148,330. What''s The Price Target? Taking into account the Volume and Open Interest on these contracts, it appears that whales have been targeting a price range from $90.0 to $136.0 for Nike … Full story available on Benzinga.com

Shares in Amazon.com ( AMZN , $2,785.58) popped at Thursday''s opening bell in an otherwise down market after the e-commerce colossus said it would effect a 20-for-1 stock split and buy back up to $10 billion of its shares. The Amazon stock split will be the fourth in the company’s history, and it follows on the heels of Google parent Alphabet''s ( GOOGL ) own 20-for-1 split announced in February . SEE MORE 15 Stock Picks That Billionaires Love And just as with Google''s move, Amazon''s stock split could open the door for its inclusion in the elite Dow Jones Industrial Average one day. The Details on the Amazon Stock Split and Buybacks Amazon, which announced the stock split late Wednesday, will give each shareholder 19 additional shares for each share held (pending shareholder approval, of course) on June 3. The company said AMZN stock will begin trading on a post-split basis on June 6. Based on current levels, shares would go for just under $140 apiece following the Amazon stock split. That should make AMZN shares more attractive to retail investors currently put off by the four-figure sticker price of more than $2,900. "This split would give our employees more flexibility in how they manage their equity in Amazon and make the share price more accessible for people looking to invest in the company," an Amazon spokesperson said.

Saturna Capital, an investment management firm, published its “Amana Funds” fourth-quarter 2021 investor letter – a copy of which can be downloaded here.

The Vancouver-based clothing brand announced that it is launching a shoe line.

Argus dropped its rating on Foot Locker (FL) to Hold from Buy due largely to the impact of Nike''s decision to limit high-demand products in the company''s stores. Read more.

Lululemon has jumped into the footwear business and effectively added a new category under its product list. With this new venture, its rivalry with Adidas and Nike is certainly going deeper. Lululemon is already…

BP, Shell, General Motors, Ford, Volkswagen, Nike and Netflix are among the companies that have suspended their operations in Russia over its invasion of Ukraine. The list is getting longer by the day

As Russia’s invasion of Ukraine continues to disrupt global markets markets, more big companies are frowning on Russia’s show of power and are taking action to show solidarity with Ukraine by exiting the world’s largest country one after the other across different sectors. About two weeks after the invasion started, at least 40 companies have left Russia or stopped the sale of their products and services in the county in no particular order. Manufacturing Car and truck makers such as General Motors Company, Ford Motor Company, Volkswagen AG, Toyota Motor Corporation, Harley-Davidson, Mercedes Benz, and Volkswagen, announced they would halt shipments to Russia or shut down assembling plants in the country. Volvo and Daimler Truck Holding AG also suspended business activities in the country. “We clearly stand for peaceful global cooperation and categorically reject any form of military force; we have decided to suspend our business activities in Russia with immediate effect until further notice,” Daimler tweeted via its official handle.

The latest developments on the Russia-Ukraine war : LVIV, Ukraine — Ukrainian President Volodymyr Zelenskyy thanked the leaders of the U.S. and Britain for banning Russian oil imports. “This is a powerful signal to the whole world,” he said in his daily address to the nation at the close of another day of war. “Either Russia will respect international law and not wage wars, or it will have no money.” Zelenskyy said when he went to address the British Parliament, “the scariest figure was the 50 Ukrainian children killed in 13 days of war. But then in an hour it became 52 children. I will never forgive this. And I know that you will never forgive the occupiers.” Zelenskyy called for negotiations with Russia on ending the war. “The war must be stopped. We need to sit down at the negotiating table, but for honest, substantive talks.” ____ WASHINGTON — The Pentagon said Tuesday that Poland’s offer to give its MiG-29 fighter jets to the U.S. so they can be passed to Ukraine raises serious concerns for the NATO alliance and the plan is not “a tenable one.” Pentagon Press Secretary John Kirby said in a statement that the prospect of jets departing from a U.S./NATO base in Germany to fly into airspace contested with Russia in the Ukraine war is concerning.

Son las últimas grandes marcas de consumo occidentales en reducir sus operaciones en Rusia tras la invasión de Ucrania, como ya lo hicieron en su día otras grandes corporaciones como Apple o Nike

LONDON: McDonald''s Corp said on Tuesday it would temporarily close its restaurants in Russia, becoming the latest Western company to pause all operations in the country after it moved troops into Ukraine. The fast-food chain said it would go on paying salaries to its 62,000 employees in Russia. Earlier on Tuesday, Shell stopped buying oil from Russia and said it would cut links to the country entirely while the United States stepped up its campaign to punish Moscow by banning Russian oil and energy imports. The West''s moves to isolate Russia economically for attacking its neighbour have turbocharged global commodity and energy markets, sending prices soaring and threatening to derail the nascent recovery from the COVID-19 pandemic. Britain too said it would ban imports of Russian oil but only by gradually phasing them out during 2022 to give businesses time to find alternative sources of supply. The surge in metal prices since Russia attacked Ukraine is starting to hurt some players caught on the wrong side of the market, as well as end consumers such as carmakers.

Lululemon has staged an entry into footwear, CNBC reports. The… The post Lululemon ventures into footwear in bid to topple Nike and Adidas appeared first on PageOne .

CAT and DISH stocks rallied on upgrades. NKE dipped on a reduced price target. VYGR jumped on news of a licensing deal.

The post Lululemon footwear marks new product to take on Nike, Adidas appeared on BitcoinEthereumNews.com . Lululemon CEO Calvin McDonald said that launching into shoes was the next natural step for the leggings maker. Source: Lululemon Lululemon is venturing into footwear, marking a new product category…

Lululemon will debut two types of women''s cross-training sneakers this summer, priced at $138 and $148.