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The Wall Street Journal: Nike sees $50 billion of annual revenue by 2020

2015-10-14 21:10:27| Footwear - Topix.net

Nike Inc. projects it will hit $50 billion in annual revenue by 2020, with its women's business roughly doubling over the same period, as the world's largest sportswear maker moves to extend its hold on the athletic-gear industry. Nike brand President Trevor Edwards said the company's women's business is expected to rise to $11 billion by 2020 from $5.7 billion this year, and its e-commerce business is expected to jump from about $1 billion this year to $7 billion in five years.

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Wall Street Breakfast: Global Markets Slide On More China Worries

2015-10-14 17:32:46| Electronics - Topix.net

World shares extended losses today after consumer inflation in China eased more than expected, adding to the list of concerns surrounding the world's second-largest economy. The country's consumer price index climbed 1.6% in September from a year earlier, against forecasts of a 1.8% rise and following August's 2% gain.

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Wall Street Breakfast: Global Markets Slide On More China Worries

2015-10-14 15:40:58| Semiconductors - Topix.net

World shares extended losses today after consumer inflation in China eased more than expected, adding to the list of concerns surrounding the world's second-largest economy. The country's consumer price index climbed 1.6% in September from a year earlier, against forecasts of a 1.8% rise and following August's 2% gain.

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The close: Wall Street ends up slightly as focus turns to earnings

2015-10-12 23:42:34| Beverages - Topix.net

Gains in utilities offset a retreat in energy shares on Monday, leaving U.S. stocks slightly higher as investors remained nervous about third-quarter corporate results. The Dow rose for a seventh straight session, led by gains in UnitedHealth Group, which rose 2.7 per cent at $122.51.

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The close: Wall Street ends up slightly as focus turns to earnings

2015-10-12 23:02:14| IT Services - Topix.net

Gains in utilities offset a retreat in energy shares on Monday, leaving U.S. stocks slightly higher as investors remained nervous about third-quarter corporate results. The Dow rose for a seventh straight session, led by gains in UnitedHealth Group, which rose 2.7 per cent at $122.51.

Tags: to close street focus

 

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