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Wall Street analysts bullish over Nike’s digital growth, look past margin weakness
(Reuters) – Wall Street analysts were upbeat about Nike Inc’s <NKE.N> long-term growth, encouraged by the sportswear maker’s robust online sales and strength in China that helped overcome slowing demand in North America, its biggest market. At least eight brokerages boosted their price target on the Dow-component’s stock on Friday, with Deutsche Bank making the […]
U.S. probe unable to rule out White House influence on JEDI contract awarded to Microsoft, not Amazon
By Chris Sanders WASHINGTON (Reuters) – The Pentagon’s inspector general on Wednesday said it could not determine whether the White House influenced the award of a $10 billion contract to Microsoft Corp <MSFT.O> over Amazon <AMZN.O> after several officials said their conversations were privileged “presidential communications.” Known as Joint Enterprise Defense Infrastructure, or JEDI, the […]
Covid 19 coronavirus Delta outbreak: Tauranga could have cases this week, health board says
Covid-19 may be in the community as early as this week but Tauranga is as ready as it can be, the health board says. The virus was detected in Taupō on Saturday and Rotorua on Sunday and was also detected in Tauranga wastewater samples from November 11 and Mount Maunganui from November 10 and 11. […]