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Reuters - 1 oras ang nakaraan

Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Cisco Systems Aug 14 (Reuters) - U.S. and Canadi an companies have continued to cut jobs in 2024 after letting go thousands last year, a s they remain uncertain about t he econom i c conditions . Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Cisco Systems CSCO.O will lay off 7% of its global workforce , as part of a restructuring plan, the networking giant said, about six months after announcin
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Reuters - 2 oras ang nakaraan

Soros Fund Management Reports Share Stake In Grail & Unitedhealth Group ,Raises In Merck & Co, Nike

BRIEF-Soros Fund Management Reports Share Stake In Grail & Unitedhealth Group ,Raises In Merck & Co, Nike Aug 14 (Reuters) - Soros Fund Management: SOROS FUND MANAGEMENT LLC CUTS SHARE STAKE IN ALPHABET INC CLASS A CAPITAL STOCK BY 38.6% TO 914,942 SHARES SOROS FUND MANAGEMENT LLC REPORTS SHARE STAKE OF 25,001 SHARES IN UNITEDHEALTH GROUP INC SOROS
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Reuters - 3 oras 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 - 3 oras ang nakaraan

Ackman's Pershing Square made new investments in Nike, Brookfield-filing

Ackman's Pershing Square made new investments in Nike, Brookfield-filing 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. Reporting by Svea Herbst-Bayli
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Reuters - 4 oras ang nakaraan

Nike up after Ackman's Pershing Square Capital takes stake

BUZZ-Nike up after Ackman's Pershing Square Capital takes stake ** Shares of sportswear giant Nike NKE.N up ~4% at $82 after the bell ** Bill Ackman's Pershing Square Capital Management discloses share stake of 3.04 mln class B shares in NKE ** Pershing Square says change in holdings are as of June 30 and compared with previous quarter ended as of
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Reuters - 4 oras ang nakaraan

Pershing Square Capital Takes Share Stake In Nike; Cuts In Alphabet

BRIEF-Pershing Square Capital Takes Share Stake In Nike; Cuts In Alphabet Aug 14 (Reuters) - Pershing Square Capital Management: ACKMAN'S PERSHING SQUARE CAPITAL MANAGEMENT REPORTS SHARE STAKE OF 3.04 MILLION CLASS B SHARES IN NIKE - SEC FILING ACKMAN'S PERSHING SQUARE CAPITAL MANAGEMENT CUTS SHARE STAKE IN ALPHABET INC BY 19.5% TO 7.55 MILLION SHA
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Reuters - 7 oras ang nakaraan

Amid an uncertain landscape, high quality may offer stable ground

LIVE MARKETS-Amid an uncertain landscape, high quality may offer stable ground Dow and S&P 500 climb, Nasdaq off ~0.2% Financials lead S&P 500 sector gainers; Comm Svcs weakest group Euro STOXX 600 index up ~0.5% Dollar slips; gold, crude both off ~1%; bitcoin off >2% U.S. 10-Year Treasury yield dips to ~3.82% Welcome to the home for real-time coverage of markets brought to you by Reuters reporters.
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Reuters - 2 araw 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 - 2 araw 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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Reuters - 5 araw ang nakaraan

Nike suspends online sales in Turkey after customs tax increase - Bloomberg News

MEDIA-Nike suspends online sales in Turkey after customs tax increase - Bloomberg News -- Source link: tinyurl.com/24sp4yqc -- Note: Reuters has not verified this story and does not vouch for its accuracy
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Reuters - 6 araw ang nakaraan

Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Paramount Global Aug 9 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime uni
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Reuters - 1 linggo ang nakaraan

Investors feel the pinch of thriftier consumers on company profits

ANALYSIS-Investors feel the pinch of thriftier consumers on company profits By Danilo Masoni MILAN, Aug 8 (Reuters) - Investors in large consumer-goods companies are having to up their stock-picking game, as a post-pandemic spending splurge dries up and increasingly price-sensitive shoppers start to erode corporate pricing power. Profit warnings in sectors ranging from luxury to food and airlines have fed into worries about a slowdown in the United States and other major economies.
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Reuters - 1 linggo ang nakaraan

Nike sees gold rush with summer Olympics driven website visits, sales

Nike sees gold rush with summer Olympics driven website visits, sales By Ananya Mariam Rajesh Aug 7 (Reuters) - The summer Olympics is turning out to be a rare win for Nike NKE.N as the global sporting event has helped boost demand for the sportswear giant's new launches and edge out competition, website searches from research firm Similarweb showed.
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Reuters - 1 linggo ang nakaraan

Puma narrows FY profit outlook on high freight costs, muted China

UPDATE 3-Puma narrows FY profit outlook on high freight costs, muted China Updates share move and adds comments from media call, analyst throughout By Linda Pasquini and Isabel Demetz Aug 7 (Reuters) - German sportswear maker Puma PUMG.DE on Wednesday narrowed its outlook for full-year core profit, sending its shares briefly to 2018 lows, citing higher freight costs, currency headwinds, and continued muted consumer sentiment in China.
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Reuters - 1 linggo ang nakaraan

Simon Property Group lowers annual forecast for net income, misses second-quarter FFO

Simon Property Group lowers annual forecast for net income, misses second-quarter FFO Aug 5 (Reuters) - Simon Property Group SPG.N lowered annual forecast for net income and missed second-quarter estimates for funds from operations (FFO) on Monday. Demand for Real Estate Investment Trusts (REITs), like Simon Property, faltered as inflation-weary consumers kept a tight lid on spending and pressured expansion plans of real estate tenants such as restaurants and retailers.
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Reuters - 2 linggo ang nakaraan

Olympics-Athletics-Pretty purple track proves popular in Paris

Olympics-Athletics-Pretty purple track proves popular in Paris By Helen Reid PARIS, Aug 3 (Reuters) - In a departure from the traditional brick-red colour, the track on which Olympic athletics champions are crowned in Paris is a vibrant purple -- and athletes so far seem pretty pleased with it. "The entire thing just kind of radiates light," said Thea LaFond, who will chase the first ever Olympic medal for Dominica when she competes in the triple jump final later on Saturday.
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Reuters - 2 linggo ang nakaraan

Layoffs pile up in US, Canada as companies uncertain of economy

FACTBOX-Layoffs pile up in US, Canada as companies uncertain of economy Adds Intel layoffs Aug 2 (Reuters) - Companies in the United States and Canada have continued their job cuts in 2024 after letting go thousands last year, as the outlook on interest rate cuts by the Federal Reserve remains uncertain even as recession fears recede rapidly. Here is a snapshot of job cuts announced so far this year: TECHNOLOGY * Amazon's AMZN.O job cuts include less than 5% of employees at Buy with Prime unit ,
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Reuters - 2 linggo ang nakaraan

Adidas sees soccer trend lasting into 2025

Adidas sees soccer trend lasting into 2025 By Linda Pasquini July 31 (Reuters) - Adidas ADSGn.DE expects soccer's increasing appeal among consumers globally to be a trend that lasts into 2025, after sales of its jerseys in connection to this year's soccer tournaments surpassed its expectations. Sportswear brands like Adidas, Puma PUMG.DE and their U.S.
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Reuters - 2 linggo ang nakaraan

Adidas confirms 2024 outlook, Yeezy hurts Q2 North American sales

UPDATE 3-Adidas confirms 2024 outlook, Yeezy hurts Q2 North American sales North America sales including Yeezy fall 8% in Q2 Inventories shrink 18% year-on-year as of June 30 Apparel sales boosted by international soccer tournaments Adds context in paragraph 2, comments from media call and analyst in paragraphs 3, 5, 9, 10, 14 By Linda Pasquini and Paolo Laudani July 31 (Reuters) - Adidas ADSGn.DE confirmed its full-year guidance and forecast-beating second quarter results on Wednesday, though i
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Reuters - 2 linggo ang nakaraan

Don't write off Nike, says Britain's JD Sports

Don't write off Nike, says Britain's JD Sports By James Davey LONDON, July 30 (Reuters) - British sports and fashion retailer JD Sports JD.L , one of Nike's NKE.N largest customers, gave the world's biggest sports brand by revenue a vote of confidence on Tuesday, with a senior executive saying it "will be just fine". Late last month, Nike's shares plummeted after the group warned its sales would fall this year, hurt by faltering demand for its sneakers as consumers covet newer brands such as On
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Kundisyon

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