Nike (NYSE:NKE) shocked investors by posting surprisingly strong fiscal first-quarter sales and earnings on Sept. 22. Just one quarter removed from an historic 36% revenue slump, the apparel giant battled back to flat results, thanks to rebounding growth in key markets like the U.S. and China.

In a conference call with Wall Street analysts, CEO John Donahoe and his team broke down the keys to that rebound, while explaining how management intends to take advantage of the new, digital-focused shopping environment through the rest of 2020.

Let’s look at some highlights from that presentation.

A woman jogs over a bridge.

Image source: Getty Images.

Winning where it counts

We’re getting stronger in the places that matter most. And even in the midst of disruption, we are on the offense. — CEO John Donahoe

Nike posted sharp sales rebounds in China, where revenue growth accelerated to 8% from 1% the previous quarter. And in the U.S, revenue

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Intel and Lightbits Labs have entered into a strategic collaboration to improve the performance and profitability of data centers. 

On Tuesday, the chip giant said both parties will develop disaggregated storage solutions suitable for data centers; in particular, systems that will reduce total-cost-of-ownership (TCO) issues caused by stranded disk capacity and performance problems. 

TCO variables can include energy usage, cooling requirements, location, and the choice of equipment. Cost-reducing investments in the data center usually pursued relate to reducing waste, labor time, and reclaiming or recovering stranded disk capacity — allocated but unused storage that would otherwise not be available for use by applications. 

See also: Security firm McAfee files for IPO on enthusiasm for IT stocks

Intel and Lightbits Labs will work together to co-engineer technical solutions designed to reduce stranded disk volumes as well as launch go-to-market initiatives. 

The companies will investigate how merged designs — utilizing Intel’s hardware

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icon: Moody’s sees pricing discipline improving systematically-important insurers LIC, GIC Re, NIA’s profitability


© M Saraswathy
Moody’s sees pricing discipline improving systematically-important insurers LIC, GIC Re, NIA’s profitability

The domestic systematically-important insurers (D-SIIs) that have been identified by the Indian insurance regulator are expected to reduce their exposure to high-risk assets, said Moody’s Investor Service.

Insurance Regulatory and Development Authority of India (IRDAI) has identified Life Insurance Corporation of India (LIC), General Insurance Corporation of India (GIC Re) and New India Assurance as domestic systemically-important insurers (D-SIIs) for 2020-21.

As per the insurance regulator, D-SIIs refer to insurers of such size, market importance and domestic and global inter-connectedness whose distress or failure would cause significant dislocation in the domestic financial system.

All three entities have exposure to the debt market and equity market and invest heavily into listed stocks. LIC is the largest insurer in the country with a balance sheet of Rs 31.2 lakh crore. GIC Re is the country’s sole reinsurer,

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Paris -  La  Défense,  September 28,  2020  –  Based on  current  trading  and
achievements in cost reduction since the beginning of the third quarter  2020,
Tarkett estimates that  year end  results will be  above market  expectations.
Consequently, the Group updates its outlook for 2020.

Q3 2020 preliminary information

Q3 revenue still trending below last year’s level in most segments:

  + Sequential improvement in EMEA versus Q2 2020 resulting in single digit
    revenue decrease compared to last year and stable revenue growth in CIS,
    APAC & LATAM, in particular thanks to the recovery of residential
    activities;
  + North America sequentially improving versus Q2 2020 but still trading down
    double digit compared to last year as commercial is improving slowly and
    exposure to the more dynamic residential segment is lower than in other
    regions;
  + As expected, Sports revenues to decline double digits. The level and
    seasonality of Tarkett Sports’ activities have 
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a man talking on a cell phone: ETNs trade on exchanges like stocks, but actually work more like bonds. AP Photo/Richard Drew


© AP Photo/Richard Drew
ETNs trade on exchanges like stocks, but actually work more like bonds. AP Photo/Richard Drew

  • Exchange-traded notes (ETNs) are debt securities that track the performance of a financial asset or index and trade on stock exchanges. 
  • ETNs pay a lump sum when they mature, and investors make money if the underlying tracked asset has risen in value.
  • While they offer investors access to exotic sectors and strategies, ETNs have drawbacks, like illiquidity and credit risk.
  • Visit Insider’s Investing Reference library for more stories.

Many investors are likely familiar with the exchange-traded fund (ETF), a bundle of easily-traded securities ideally suited for portfolio diversification. But what is an exchange-traded note, or an ETN? Is it the same as an ETF?

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The short answer is that the two products are quite different. 

An ETF operates like a mutual fund, giving investors a tiny slice

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a man talking on a cell phone: ETNs trade on exchanges like stocks, but actually work more like bonds. AP Photo/Richard Drew


© AP Photo/Richard Drew
ETNs trade on exchanges like stocks, but actually work more like bonds. AP Photo/Richard Drew

  • Exchange-traded notes (ETNs) are debt securities that track the performance of a financial asset or index and trade on stock exchanges. 
  • ETNs pay a lump sum when they mature, and investors make money if the underlying tracked asset has risen in value.
  • While they offer investors access to exotic sectors and strategies, ETNs have drawbacks, like illiquidity and credit risk.
  • Visit Insider’s Investing Reference library for more stories.

Many investors are likely familiar with the exchange-traded fund (ETF), a bundle of easily-traded securities ideally suited for portfolio diversification. But what is an exchange-traded note, or an ETN? Is it the same as an ETF?

Loading...

Load Error

The short answer is that the two products are quite different. 

An ETF operates like a mutual fund, giving investors a tiny slice

Read More

The MarketWatch News Department was not involved in the creation of this content.

Sep 28, 2020 (MARKITWIRED via COMTEX) —
Increased importance being given to preventive healthcare is a prominent influencer aiding the growth of gummy vitamin consumption. However, disruptions in the food and beverage industry coupled with the temporary closure of production facilities during regional and nationwide lockdowns will impact producer and retailer inventories, which will have a negative impact on the gummy vitamins market throughout the pandemic.

The popularity of nutraceuticals as immune system strengtheners during the ongoing coronavirus pandemic will help to reduce losses arising from these disruptions. Global gummy vitamins market is forecasted to account for an absolute dollar opportunity of over US$ 2.5 Bn between 2020 and 2030.

“Gummy vitamins are consumed widely across age demographics, owing to easier swallowability in comparison to pharmaceutical pills. In addition, the rise in chronic diseases across North America

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BONDUELLE

A French SCA (Partnership Limited by Shares) with a capital of 56 942 095 Euros
Head Office: La Woestyne 59173 Renescure, France
Registered under number: 447 250 044 (Dunkerque Commercial and Companies Register)

2019-2020 Annual Results
(July 1, 2019 – June 30, 2020)

Increasing revenue and resilient profitability
in an exceptional context

  • Annual revenue growth in line with initial objectives
  • Profitability below target due to the health crisis
  • Covid-19: contrasting situations and consequences depending on technologies and distribution channels
  • Solid balance sheet structure and financial ratios
  • The controlling family shareholder, the directors and the management of the company united in the Covid-19 crisis

On September 25, 2020, the Supervisory Board, under the chairmanship of Martin Ducroquet, reviewed the statutory and consolidated financial statements for FY 2019 – 2020 as approved by the General Management and certified by the company’s statutory Auditors.

Significant Results

Consolidated Accounts
(in € millions)
2019-2020
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BONDUELLE

A French SCA (Partnership Limited by Shares) with a capital of 56 942 095 Euros
Head Office: La Woestyne 59173 Renescure, France
Registered under number: 447 250 044 (Dunkerque Commercial and Companies Register)

2019-2020 Annual Results
(July 1, 2019 – June 30, 2020)

Increasing revenue and resilient profitability
in an exceptional context

  • Annual revenue growth in line with initial objectives
  • Profitability below target due to the health crisis
  • Covid-19: contrasting situations and consequences depending on technologies and distribution channels
  • Solid balance sheet structure and financial ratios
  • The controlling family shareholder, the directors and the management of the company united in the Covid-19 crisis

On September 25, 2020, the Supervisory Board, under the chairmanship of Martin Ducroquet, reviewed the statutory and consolidated financial statements for FY 2019 – 2020 as approved by the General Management and certified by the company’s statutory Auditors.

Significant Results

Consolidated Accounts
(in € millions)
2019-2020
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The street’s enthusiasm for UTI Asset Management Co.’s initial public offering (IPO) could be mixed. IPOs are doing well with record subscriptions driven by high participation. However, the current market volatility has been a spoke in the wheel that could cause investors to focus on some of the imperfections in the company’s performance.

UTI’s average asset under management (AAUM) market share is a bit of a sore point. Its March 2014 AAUM market share stood at 8.2%. This has since shrunk to 5.4% in June 2020 among domestic mutual funds. The fund house saw a higher erosion in debt funds because of the turmoil in the debt market. As a result, the size of its income fund AUM contracted by about 60% since March 2018.

Peer Check

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Peer Check

The general downtrend in equity AUM across the industry is also a concern. In August, there was a net withdrawal

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