Nike Inc. (NYSE: NKE) is scheduled to release its most recent quarterly results in the coming week, but one analyst has already weighed in on the apparel giant. As we all know, Nike was the worst performing Dow Jones Industrial Average stock in 2016, but so far in 2017 it has been one of the better performing Dow stocks. According to the analyst’s report, the company stands to run even more....More>>>
United Co. Rusal’s chief executive officer resigned after less than three months in the role, as the Russian firm warned that trade partners and international lenders could cut ties with the company if U.S. sanctions aren’t lifted after Oct. 23.
The world’s biggest aluminum producer outside China also said the sanctions could prompt severe production cuts and creditors....More>>>
As CNBC’s Jim Cramer watched an amalgam of unrelated stocks climb on Thursday, he realized that there was a key driver behind the bounce: China.
“I know Im in the minority when I say this, at least among professional commentators, but todays rebound was all about China blinking,” the “Mad Money” host said.
Cramer posited this theory to help justify why....More>>>
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The MSCI Emerging....More>>>
China’s home sales surged to a record high last month, despite a prolonged government campaign to curb property speculation.
Sales by value, excluding affordable housing, jumped to a record 1.45 trillion yuan ($225 billion) in December, gaining 21 percent at the fastest pace in six months, according to Bloomberg calculations based on data released Thursday by the National Bureau of....More>>>