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Nike Q4 Profit Drops, Stock Down 6%

WASHINGTON COUNTY (dpa-AFX) - Nike Inc. (NKE), the world's largest athletic shoes and apparel maker, Tuesday said its fourth-quarter profit dropped 2 percent from a year ago, hurt largely by lower-than-expected revenues and weak margins. Shares of the company slipped over 6 percent in the after-hours trading. Beaverton, Oregon-based Nike's fourth-quarter [...]

Treasuries Close Nearly Flat Following Choppy Trading Day

WASHINGTON (dpa-AFX) - After moving sharply higher over the two previous sessions, treasuries showed a lack of direction throughout the trading day on Tuesday. Bond prices spent the day bouncing back and forth across the unchanged line before closing roughly flat. Subsequently, the yield on the benchmark ten-year note, which moves opposite of its price, [...]

Crude Oil Rebounds After Recent Drubbing

WASHINGTON (dpa-AFX) - Crude oil futures rallied Tuesday along with global stocks after a two-day swoon brought on by the shock Brexit vote. With calm restored to markets for the time being, bargain hunters were on the prowl for discounts. Crude oil, which plunged 7.5 percent between Friday and Monday, took back nearly half of those losses today. WTI [...]

GNW-News: Outcome of the Valartis Group AG General Meeting 2016 (english)

Outcome of the Valartis Group AG General Meeting 2016 Valartis Group AG / Outcome of the Valartis Group AG General Meeting 2016 . Processed and transmitted by NASDAQ OMX Corporate Solutions. The issuer is solely responsible for the content of this announcement. At the 28th Ordinary General Meeting of Valartis Group AG on 28 June 2016, held at SIX [...]

Dressers To Kill: IKEA Recalls 29 Million Chests

WASHINGTON (dpa-AFX) - IKEA is voluntarily recalling 29 million chests and dressers in the U.S. following reports of several injuries, including deaths of three children caused by them tipping over. The recalled chests and dressers are unstable if they are not properly anchored to the wall, posing a serious tip-over and entrapment hazard that can result [...]

Boost Issuer PLC : Net Asset Value(s)

BOOST Issuer plc -Daily Fund Prices 23-June-16 Fund Dealing ISIN Code Shares in Base Net Assets NAV/Share Date Issue Currency Boost FTSE 100 3x 27/06/2016 IE00B88D2999 53093 GBP 5717019.464 107.679345 Leverage Daily ETP Boost FTSE 100 3x 27/06/2016 IE00B7VB3908 173349 [...]

Senate Democrats Block $1.1 Billion Zika Funding Bill

WASHINGTON (dpa-AFX) - A Republican bill to provide $1.1 billion to fight the Zika virus failed to clear a procedural hurdle in the Senate on Tuesday. In a largely party-line vote, the Senate voted 52 to 48 to move forward with the legislation, falling well short of the 60 votes needed. Democrats largely opposed the bill due to the inclusion of so-called [...]

Dollar Mixed As Investors Take On More Risk

WASHINGTON (dpa-AFX) - Investors have shifted their attention to riskier investments Tuesday, after last Friday's U.K. referendum result drove them to hide in safe havens. As the initial shock of the British exit of the European Union has subsided, traders have begun to exit investments in gold and the Japanese Yen in favor of riskier options. The dollar [...]

Gold Loses Glitter As Calm Returns Post-Brexit

WASHINGTON (dpa-AFX) - Gold edged lower Tuesday, trimming huge gains from the previous few sessions as markets calmed following the Brexit crisis. Stocks rebounded as a sense of normalc returned to markets everywhere. Risk appetite picked up amid speculation the UK might wiggle its way out of last week's referendum to leave the European Union. August [...]

Dow Chemical Cutting 2,500 Jobs

MIDLAND (dpa-AFX) - Dow Chemical Co. (DOW) Tuesday announced its plans to eliminate about 2,500 jobs, or about 4 percent of global workforce, as the company takes full control of Dow Corning Corp., the joint venture formed in 1943 with Corning Inc. Dow Chemicals now owns Dow Corning Corp. completely after Corning exchanged shares of the silicone company [...]
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