Nike misses profit estimates in Q4

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Source: Dukascopy Bank SA
Nike's net income declined to $989M in the Q4 ended May 31 from $1.14B in the prior quarter, missing analysts' estimates, as the world's biggest sportswear company spent more on new product launches and marketing.
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Fri, 28 Jun 2019 04:36:10 GMT

Apple's Ive to leave later this year

The Apple Design Chief and Steve Jobs' confidant, Jony Ive, is set to leave the company later this year to launch his own independent design firm, sending the tech giant's shares down 1.5% to $197.44 on the news.

Fri, 28 Jun 2019 02:33:28 GMT

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