FILE PHOTO: The logo of Nike (NKE) is seen in Los Angeles, California, United States, April 12, 2016. REUTERS/Lucy Nicholson/File PhotoAt least 14 Wall Street analysts raised their price targets following Nike better than expected quarterly results, with Susquehanna the most bullish, raising its target by $14.delivered the closest thing to a complete game for a public company, said Barclays analyst Matthew McClintock, who boosted his target to $85 from $80.The Oregon based company is also gaining on the resurgence of fashion trends that is helping boost sales of its classic sneakers. Industry research shows that sneaker sales rose 10 percent globally last year.Nike shares rose to $79.98 in early trading, adding $13 billion to its market value of about $115 billion.Sales at its North America business rose 3.3 percent in the quarter after having fallen for most of the year.Nike story is officially back at this point and investors will no longer have an opportunity to for a better entry point as all signs point to an acceleration, McClintock said.Analysts at Credit Suisse said strong results prove that several years of distribution disruption, bloated inventories, lackluster innovation, and market share losses are in the past.The company also said it expects 2019 revenue to be in the high single digit range, compared with its earlier forecast of mid to high single digit growth.
My friend got a gnarly cut on his hand from a glass bottle that probably required stitches, but we were going somewhere so I butterfly stitched him. I held his hand, cleaned the wound and carefully butterfly stitched him up. It was a quiet moment and I could tell he was really appreciative while I was doing it..
To make Susterra, starch from the corn is separated out, fermented with microbes, then filtered, according to DuPont. Other companies use the bioplastic to make waterproof liners for clothing or synthetic leather, said Laurie Kronenberg, a company spokeswoman. Susterra costs about as much to make as petroleum derived plastic but creates 40 percent to 50 percent less greenhouse gas emissions, the company said..
Continue reading this postAccess to information: Does Canada need to be more open with data?TTC bus driver: Do you often see your local drivers texting?The Toronto Sun on Thursday published a picture sent by a reader of a TTC bus driver driving while texting on a mobile device. (Toronto Sun)The Toronto Transit Commission is coming under fire after the emergence of a picture. Continue reading this post.