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Transcripts For KQEH Nightly Business Report 20151223

Share, that was 4 cents better than estimates. Revenues came in at nearly 7. 5 billion for the quarter, just shy of expectations but about 4 higher than last year. Shares rose in initial after hours trading adding to nikes 37 gain so far this year. Sarah eisen digs deeper into nikes results. Reporter nike is firing on all cylinders. Few highlights from the quarter, China Remains a bright spot for this company. Nike posting 24 sales growth in the region and a very strong outlook when it comes to future orders. This despite a slowdown in the chinese economy. Nike continuing to see double digit gains there. In fact, Ceo Mark Parker told me a few months ago, he doesnt see any sign of the economic weakness reported in the numbers. But like any global company, nike is feeling the pain of the stronger u. S. Dollar which continued to strengthen over the quarter. Total sales growth for nike this quarter was 4 . That would have been 12 though without the impact of the stronger u. S. Dollar which

Transcripts For KQEH Nightly Business Report 20141224

Ever today and it closed above that milestone too. Sprinting from 17,000 to 18,000 in just 119 trading days. Now, thats fast but not the fastest move, not by a long shot. Back in 1999, the dow jumped a thousand points in 24 trading days. Why the big spike today . You can thank the bold, burly u. S. Economy. We learned today it grew at a 5 annual pace in the year recorded. Thats the fastest quarterly growth rate in 11 years. Consumers are feeling good. One measure of sentiment clocked in today at 8 year high and growth of personal spending doubled in november from october. With that encouraging news about the u. S. Economy, heres a look at the final tally on wall street today. The dow off its high at the session but still jumping 64 points for that new record high of 18,024. Nasdaq though, down by 16 on a pullback in biotech stocks and the s p 500 added three, settling at its own record close of 2082. Thats the 51st all time closing high this year. Stocks have been notching new record h

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Breaking News - PBS and BYUtv to Premiere Season of Light: Christmas with The Tabernacle Choir Featuring Disney and Broadway Star Lea Salonga and World-Renowned Actor Sir David Suchet

Breaking News - PBS and BYUtv to Premiere Season of Light: Christmas with The Tabernacle Choir Featuring Disney and Broadway Star Lea Salonga and World-Renowned Actor Sir David Suchet
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