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Reuters - 5 araw ang nakaraan

Barclays weighs in on potential tariff risk for Europe if Trump wins

BUZZ-Barclays weighs in on potential tariff risk for Europe if Trump wins ** Barclays sees an up to high single-digit percent hit on European earnings if Donald Trump wins the U.S. presidential race and in the event of a full-blown trade war ** "A Trump win may raise concerns of a full-blown trade war," the British bank's strategists say in a note ** While the direct impact to potential U.S.
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Reuters - 1 linggo ang nakaraan

Nike shareholders vote against proposal on workers' rights

UPDATE 1-Nike shareholders vote against proposal on workers' rights Adds background on the shareholder proposal By Ananya Mariam Rajesh and Nicholas P. Brown Sept 10 (Reuters) - Nike NKE.N shareholders have voted against a proposal to consider joining binding agreements with supply chain workers to better address human rights issues in high-risk countries at its annual meeting, the company said on Tuesday.
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Reuters - 1 linggo ang nakaraan

Key events at Nike under CEO John Donahoe

TIMELINE-Key events at Nike under CEO John Donahoe Sept 10 (Reuters) - Nike NKE.N will hold its annual meeting virtually on Tuesday and a key issue to be voted on will be a workers' rights agreement, putting the spotlight on its CEO John Donahoe who is under pressure to reverse a long sales slump at the sportswear giant. Nike has lost about a quarter of its stock-market value this year.
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Reuters - 1 linggo ang nakaraan

Alcon, Rockwool, Zealand Pharma

EUROPE RESEARCH ROUNDUP- Alcon, Rockwool, Zealand Pharma Sept 10 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Alcon, Rockwool and Zealand Pharma, on Tuesday. HIGHLIGHTS * Alcon AG ALCC.S : RBC raises to outperform from sector perform * Maersk MAERSKb.CO : JP Morgan resumes coverage with underweight rating; target DKK 8,575 * Rockwool ROCKB.CO : HSBC raises target price to DKK 3,200 from DKK 3,100 * Wizz Air WIZZ.L : JP Morgan cu
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Reuters - 1 linggo ang nakaraan

European shares rebound from dour week with central banks in focus

UPDATE 2-European shares rebound from dour week with central banks in focus STOXX 600 up 0.8% Entain up after beginning H2 ahead of expectations Ubisoft biggest STOXX 600 decliner Adidas falls after Barclays downgrades rating Updated at 1610 GMT By Pranav Kashyap and Lisa Pauline Mattackal Sept 9 (Reuters) - European bourses rose on Monday, recovering from steep declines the previous week as focus shifted to an anticipated interest rate cut from the European Central Bank on Thursday.
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Reuters - 1 linggo ang nakaraan

Adidas falls as Barclays downgrades stock on China hurdles, US volatility

BUZZ-Adidas falls as Barclays downgrades stock on China hurdles, US volatility ** Shares in Adidas ADSGn.DE fall 3% after Barclays downgrades the sports apparel maker on increased competition and slower economic growth in China, volatile U.S. sporting goods market and the stock's strong valuation ** The broker cuts Adidas to "equal-weight" from "ov
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Reuters - 1 linggo ang nakaraan

Barclays Bank, Ferrari, Volkswagen

EUROPE RESEARCH ROUNDUP-Barclays Bank, Ferrari, Volkswagen Sept 9 (Reuters) - Securities analysts revised their ratings and price targets on several European companies, including Barclays Bank, Ferrari and Volkswagen on Monday. HIGHLIGHTS * Barclays Bank BARC.L : Morgan Stanley raises target price to 300p from 290p * Ferrari RACE.MI : Citigroup raises target price to EUR 360 from EUR 334 * Mercedes-Benz Group AG MBGn.DE : Citigroup cuts target price to EUR 60 from EUR 65 * Shell Plc SHEL.L : HSB
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Reuters - 2 linggo ang nakaraan

Investor pressure on Nike builds over garment workers' rights

Investor pressure on Nike builds over garment workers' rights Norway fund backs proposals on workers' rights, climate targets Another supply chain proposal got 11.7% of votes last year Investors frustrated with Nike over allegations of unpaid wages By Helen Reid, Nicholas P. Brown and Simon Jessop LONDON/NEW YORK, Sept 5 (Reuters) - Investor pressure on Nike NKE.N is building ahead of Tuesday's annual shareholder meeting, with Norway's sovereign wealth fund pledging to back a resolution demandin
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Reuters - 2 linggo ang nakaraan

Norway wealth fund supports Nike shareholder proposal on workers' rights

UPDATE 3-Norway wealth fund supports Nike shareholder proposal on workers' rights Norway fund backs proposal for binding agreements with workers Nike's 9th biggest investor also backs climate targets proposal Fund opposes Nike executive pay for 5th year in a row Adds context on sliding sales, paragraph 5, opposition to executive pay, paragraph 10 By Helen Reid and Louise Rasmussen COPENHAGEN/LONDON, Sept 5 (Reuters) - Norway's wealth fund will back a proposal demanding Nike NKE.N consider whethe
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Reuters - 2 linggo ang nakaraan

TD Cowen raises PT on Dick's Sporting Goods citing strong performance

BUZZ-TD Cowen raises PT on Dick's Sporting Goods citing strong performance ** Brokerage TD Cowen raises PT on retailer Dick's Sporting Goods DKS.N to $270 from $266 ** Dick's is reaching new highs in our survey for sporting goods retailing likely due to improved vendor allocations, a premium assortment and compelling in store experience - John Kern
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Reuters - 3 linggo ang nakaraan

Canada - Aug 26

PRESS DIGEST-Canada - Aug 26 Aug 26 (Reuters) - The following are the top stories from selected Canadian newspapers. Reuters has not verified these stories and does not vouch for their accuracy. THE GLOBE AND MAIL - Hockey companies including Canada's CCM Hockey, Bauer Hockey LLC and the hockey division of True Temper Sports are all being auctioned by their long-time owners .
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Reuters - 4 linggo ang nakaraan

UK's JD Sports says global sportswear market to remain highly promotional

UPDATE 2-UK's JD Sports says global sportswear market to remain highly promotional Second quarter underlying sales up 2.4% Maintains profit guidance for full year Says macro environment remains "volatile" Shares up 5.5% Adds shares paragraph 2, CEO quotes paragraphs 7 and 8 By James Davey LONDON, Aug 22 (Reuters) - British sportswear retailer JD Sports Fashion JD.L reported an improvement in sales in its latest quarter but said it was cautious on its outlook for the rest of the year with markets
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Reuters - 4 linggo ang nakaraan

Britain's JD Sports reports quarterly sales rise in volatile market

Britain's JD Sports reports quarterly sales rise in volatile market LONDON, Aug 22 (Reuters) - British sportswear retailer JD Sports Fashion JD.L reported a 2.4% rise in second-quarter underlying sales, an improvement on the previous quarter, but said it was cautious on its outlook for the rest of the year as the global macro environment remains volatile.
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Reuters - 4 linggo ang nakaraan

Sporting goods retailer Decathlon to invest $111 mln in India expansion plan

Sporting goods retailer Decathlon to invest $111 mln in India expansion plan BENGALURU, Aug 21 (Reuters) - French sporting goods retailer Decathlon said on Wednesday that it will invest 100 million euros ($111 million) in India over the next five years to expand its store count and manufacturing in what is one of its key markets. The retailer, which entered India in 2009, sells a host of sports accessories ranging from footballs and yoga mats to bicycles and exercise equipment, cashing in on the
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Reuters - 1 buwan ang nakaraan

Appfire's owners explore sale of stake in collaboration software maker, sources say

Appfire's owners explore sale of stake in collaboration software maker, sources say By Milana Vinn NEW YORK, Aug 16 (Reuters) - Investment firms TA Associates and Silversmith Capital Partners are exploring options including the sale of a stake in Appfire, in a deal that could value the collaboration software maker they own at more than $2 billion, according to people familiar with the matter.
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Reuters - 1 buwan ang nakaraan

Nike shares jump as Ackman's return sparks turnaround hopes

UPDATE 1-Nike shares jump as Ackman's return sparks turnaround hopes Updates to add graphic By Ananya Mariam Rajesh Aug 15 (Reuters) - Nike shares NKE.N gained nearly 4% on Thursday as investors hoped the return of billionaire William Ackman as a stakeholder could spark a turnaround at the sportswear giant that has been battling with strategy missteps and tough competition.
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Reuters - 1 buwan ang nakaraan

Nike shares jump as Ackman's return sparks turnaround hopes

Nike shares jump as Ackman's return sparks turnaround hopes By Ananya Mariam Rajesh Aug 15 (Reuters) - Nike shares NKE.N gained nearly 4% on Thursday as investors hoped the return of billionaire William Ackman as a stakeholder could spark a turnaround at the sportswear giant th at has been battling with strategy missteps and tough competition. Ackman's hedge fund Pershing Square Capital Management now owns roughly 3 million shares of Nike, amounting to a stake of about 0.19%, a filing showed on
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Reuters - 1 buwan ang nakaraan

Ackman's Pershing Square takes new stakes in Nike, Brookfield

UPDATE 3-Ackman's Pershing Square takes new stakes in Nike, Brookfield Adds background on Nike in paragraph 5, updates share prices By Svea Herbst-Bayliss NEW YORK, Aug 14 (Reuters) - Billionaire investor William Ackman built new stakes in sportswear company Nike NKE.N and investment management company Brookfield BN.TO during the second quarter, according to a regulatory filing made on Wednesday.
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Reuters - 1 buwan ang nakaraan

Federer-backed On retains annual sales forecast after quarterly beat, shares fall

UPDATE 3-Federer-backed On retains annual sales forecast after quarterly beat, shares fall Adds analysts comments in paragraphs 6 & 9 and updates shares By Ananya Mariam Rajesh Aug 13 (Reuters) - On Holding ONON.N beat analysts' estimates for second-quarter revenue on Tuesday on strong demand for its shoes and apparel from customers looking for trendy products, but shares fell about 3% as the company maintained its annual forecast.
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Reuters - 1 buwan ang nakaraan

Federer-backed On beats sales estimates on full-price selling

Federer-backed On beats sales estimates on full-price selling By Ananya Mariam Rajesh Aug 13 (Reuters) - On Holding ONON.N beat analysts' estimates for second-quarter sales on Tuesday , as strong demand from customers looking for trendy products helped the company sell its shoes and apparel at full prices in the U.S. and Europe. Roger Federer-backed On, which went public in 2021, has edged out sportswear giant Nike for shelf and online space at retailers like Dick's Sporting Goods DKS.N and Foot
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