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Friday, May 25, 2012
News Making Money

NIKE, Inc. Reports Fiscal 2012 Second Quarter Results

21/12/2011 07:09 (155 Day 22:58 minutes ago)

The FINANCIAL -- NIKE, reported financial results for its fiscal 2012 second quarter ended November 30, 2011.

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Earnings per share for the quarter rose 6 percent as a result of continued strong demand for NIKE, Inc. brands, SG&A expense leverage and a lower average share count, which more than offset the impact of a lower gross margin.

“Our strong second quarter results demonstrate that the NIKE, Inc. portfolio is a powerful engine for growth,” said Mark Parker, President and CEO, NIKE, Inc. “We’re able to accomplish this by staying focused on what we do best – deliver innovative products and experiences that serve athletes, inspire consumers and reward our shareholders. Going forward we’ll continue to use the unique power of our portfolio to drive growth, manage risk and connect with consumers.”

 

 

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Politics
International monitors to pull out of Bosnia's Brcko

24/05/2012 03:32 (1 Day 03:35 minutes ago)

The FINANCIAL -- International monitors decided Wednesday to pull out of the sensitive Bosnian town of Brcko, whose neutral status has been a source of tensions in the ethnically-divided Balkan state.

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Markets
NYSE Euronext Announces Bell Ringers for The NYSE Big StartUpSM Competition

25/05/2012 05:50 (01:17 minutes ago)

The FINANCIAL -- NYSE Euronext, in collaboration with the Entrepreneurs' Organization and The StartUp America Partnership is pleased to announce that the 10 finalists from the Facebook contest of The NYSE Bell Ringing Competition have been invited to ring The Closing Bell on May 30th at the NYSE.

INSURANCE
My Finance Coach - Partner of the Science Year 2012

25/05/2012 06:59 (00:08 minutes ago)

The FINANCIAL -- My Finance Coach, the not-for-profit initiative aimed at improving the financial literacy of children and young people, is promoting dialog with pupils on sustainable development in its capacity as a partner of the Science Year 2012.

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