Nike Stock News

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It is not just outdoor football in life. The proof, Nike has just launched its new collection of shoes called Small Sided, dedicated to indoor football practitioners. Four new models make up this comma brand pack, with a different dominant color for each pair. There is something for everyone with blue, neon green and white [] Source: Nike launches new Small Sided collection of indoor football boots

Franklin Street Advisors Inc. NC lessened its position in NIKE, Inc. (NYSE:NKE) by 1.5% during the third quarter, according to the company in its most recent 13F filing with the SEC. The fund owned 137,124 shares of the footwear makers stock after selling 2,119 shares during the quarter. NIKE makes up about 1.7% of Franklin []

Fulton Breakefield Broenniman LLC decreased its position in shares of NIKE, Inc. (NYSE:NKE) by 1.8% during the 3rd quarter, HoldingsChannel.com reports. The institutional investor owned 64,130 shares of the footwear makers stock after selling 1,207 shares during the quarter. Fulton Breakefield Broenniman LLCs holdings in NIKE were worth $9,314,000 at the end of the most []

China Blasts US Bill Banning Xinjiang Goods: "Masquerading Unilateralism, Protectionism & Bullying" On Wednesday night the House of Representatives overwhelmingly voted to pass the Uyghur Forced Labor Prevention Act , which blocks imports of goods produced by forced labor of Uyghurs in China, particularly in Xinjiang where widespread international reports have scrutinized a network of Communist ''re-education'' and labor camps for the Muslim minority. In particular the act targets "Goods manufactured or produced in Xinjiang" which "shall not be entitled to entry into the United States unless Customs and Border Protection (1) determines that the goods were not manufactured by convict labor, forced labor, or indentured labor under penal sanctions; and (2) reports such a determination to Congress and to the public," according to the bill summary . Sponsored by Democratic Massachusetts Rep. Jim McGovern, the bill passed 428-1 , with Republican Kentucky Rep. Thomas Massie being the lone vote against it. 428-1:House passed Uyghur Forced Labor Prevention Act,legislation banning the importation of goods made with forced labor in Xinjiang Uyghur Autonomous Region in China.Bill by Rep.

NIKE Inc. (NYSE:NKE)s traded shares stood at 1.13 million during the latest session, with the companys beta value hitting 0.94. At the last check today, the stocks price was $170.03, to imply a decrease of -0.13% or -$0.22 in intraday trading. The NKE shares 52-week high remains $179.10, putting it -5.33% down since that peak Should NIKE Inc. (NYSE: NKE) Rally After -5.33% Drop From High? Read More »

WBH Advisory Inc. decreased its stake in shares of NIKE, Inc. (NYSE:NKE) by 1.0% in the 3rd quarter, according to its most recent Form 13F filing with the SEC. The fund owned 32,362 shares of the footwear maker’s stock after selling 335 shares during the period. WBH Advisory Inc.’s holdings in NIKE were worth $4,700,000 […]

Nike (NYSE: NKE) announced it will halt the sale of its products at all DSW locations, as it continues to sever ties with various retailers and sell more products through its own stores, websites, mobile apps, and exclusive retailers. However, according to Bill Jordan, the president of DSW parent company Designer Brands Inc., Nike only The post Nike to Cut Ties with DSW first appeared on Financial Buzz .

The metaverse is quickly growing as a way for communities to connect with each other. The expansion of the metaverse is leading companies such as Meta Platforms Inc (NASDAQ: FB ), Nike Inc (NYSE: NKE ) and others to invest in the development of the virtual world. Coins connected to metaverse NFTs, including The Sandbox (CRYPTO: SAND ) and Decentraland (CRYPTO: MANA ), have seen their values skyrocket over the last several months. The metaverse is now headed for cities and countries, with some already planting their flags in the virtual world. Seoul: The capital city of South Korea, Seoul, is one of the latest cities to announce plans to establish a presence in the metaverse. The Seoul Metropolitan Government announced plans to launch Metaverse Seoul and invest around $3.3 million into the project. Metaverse Seoul will include a virtual city hall, tourism locations and social centers. The launch is the first time a major city government has invested heavily in the metaverse. The launch of Metaverse Seoul is part of a plan called Seoul Vision 2030 from the city’s Mayor Oh Se-hoon to build Seoul …

Hanson & Doremus Investment Management cut its stake in NIKE, Inc. (NYSE:NKE) by 54.0% in the third quarter, according to its most recent 13F filing with the Securities & Exchange Commission. The institutional investor owned 1,157 shares of the footwear makers stock after selling 1,356 shares during the period. Hanson & Doremus Investment Managements holdings []

Buffalo Bills QB Josh Allen and Nike pledge $100,000 to Oishei Children''s Hospital WKBW-TV

Nike will no longer be selling its sneakers and apparel at Designer Show Warehouse, one of the largest shoe store chains in the U.S. By 2022, Nike branded products will not be in any DSW stores anymore. The American

The House voted 428-1 on Wednesday to pass a bill that would ban all imports from the Chinese region of Xinjiang unless the U.S. government determines that the products were not made with forced labor. Why it matters: Both the Trump and Biden administrations, as well as several foreign parliaments, have recognized China''s repression of Uyghurs and other Muslim minorities in Xinjiang as genocide. Since 2017, the Chinese government has been engaged in a campaign of mass detention, forced labor, forced sterilization and other atrocities against Uyghurs. The Biden administration warned earlier this year that businesses with supply chains and investments in Xinjiang run a "high risk" of violating U.S. laws on forced labor. Details: The Uyghur Forced Labor Prevention Act, introduced by Rep. Jim McGovern (D-Mass.) and previously passed by the House in 2020, requires corporations to prove with "clear and convincing evidence" that imports from Xinjiang are not made with forced labor. The bill also requires the president to impose sanctions on foreign entities and individuals that have "knowingly" facilitated forced labor involving Uyghurs and other persecuted minorities.

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Tompkins Financial Corp purchased a new stake in shares of NIKE, Inc. (NYSE:NKE) during the third quarter, according to the company in its most recent disclosure with the SEC. The firm purchased 6,295 shares of the footwear makers stock, valued at approximately $914,000. Other hedge funds and other institutional investors also recently made changes to []