Implications of "Best Interest" Rule for Annuities
Aaron Levitt
|
With broker-dealers and agents now acting in favor of clients, investors may be...
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Nike reported net income of $791 million, or 89 cents per share, up 16% from $682 million, or 75 cents per share, last year. On average, analysts expected to see EPS of 84 cents.
Revenue
Sales increased 7% to $7.46 billion from $6.97 billion last year. Analysts expected to see revenue of $7.62 billion.
The company has been growing due to higher demand for athletic wear fashion products, but Nike now expects to see lower results for FY2016 due to challenging macroeconomic conditions.
Symbol | Mutual Fund | Stake |
---|---|---|
{% mutualfund FCNTX %} | Fidelity® Contrafund® | 1.95% |
{% mutualfund VTSMX %} | Vanguard Total Stock Market Index | 1.38% |
{% mutualfund VFINX %} | Vanguard 500 Index | 0.90% |
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Nike reported net income of $791 million, or 89 cents per share, up 16% from $682 million, or 75 cents per share, last year. On average, analysts expected to see EPS of 84 cents.
Revenue
Sales increased 7% to $7.46 billion from $6.97 billion last year. Analysts expected to see revenue of $7.62 billion.
The company has been growing due to higher demand for athletic wear fashion products, but Nike now expects to see lower results for FY2016 due to challenging macroeconomic conditions.
Symbol | Mutual Fund | Stake |
---|---|---|
{% mutualfund FCNTX %} | Fidelity® Contrafund® | 1.95% |
{% mutualfund VTSMX %} | Vanguard Total Stock Market Index | 1.38% |
{% mutualfund VFINX %} | Vanguard 500 Index | 0.90% |
If you’ve enjoyed this article, sign up for the free MutualFunds.com newsletter; we’ll send you similar content weekly.
Receive email updates about best performers, news, CE accredited webcasts and more.
Aaron Levitt
|
With broker-dealers and agents now acting in favor of clients, investors may be...
Justin Kuepper
|
Let’s take a look at what sets China apart from other emerging markets,...
News
Iuri Struta
|
Check out the latest edition of mutual fund scorecard.
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Download our free report
Find out why $30 trillon is invested in mutual funds.
Mutual Fund Education
Justin Kuepper
|
Let's take a closer look at how ESG investments have outperformed during the...
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Daniel Cross
|
While CITs and mutual funds share many similarities, there are some key differences...
Mutual Fund Education
Sam Bourgi
|
The phrase ‘bear market’ has been thrown around a lot lately, but it...