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13 hours ago
...quarter earnings. Foot Locker reported profits of $92m, a 39 per cent jump from results a year ago, due to healthy sales of basketball and running shoes. Foot Locker’s second quarter sales grew 13 per cent to $1.64bn, compared to analyst forecasts... By Jennifer Bissell and Anna Nicolaou
August 20, 2014
...after handing over the top job to Satya Nadella, Mr Ballmer declared that he would focus on managing the Los Angeles Clippers basketball team, which he acquired recently for an estimated $2bn. Mr Ballmer’s departure is seen as an important moment for the... By Avantika Chilkoti
August 17, 2014
...fundamentally incompatible with what a Facebook brand means,” he says. “It’s fine to try but I can keep trying to play NBA basketball all I like, but I’m still 5 foot 8.” By Hannah Kuchler and Tim Bradshaw in San Francisco
August 15, 2014
...speak of and most of his childhood friends were hooked on the more conventional sporting options of football, volleyball and basketball. “I think tennis was just in my genes,” he said. “My father was a coach, my mother was a former volleyball player... By David Cox
August 13, 2014
Copper has sunk to its lowest level since June after weak economic data fuelled concerns about the prospects for demand in By Neil Hume
August 8, 2014
...bass line’, it’s, ‘How shall I play this bass line?’ So I may decide I want to play it like a slow-motion basketball dribble. It comes very naturally. I think we all have this ingrained gestural language.” The gloves, in the meantime... By Peter Aspden
August 7, 2014
...7 per cent in the second quarter as the US broadcaster’s advertising revenues were hit by the loss of the NCAA college basketball semifinals. But the company buoyed its earnings per share above Wall Street’s estimates through share repurchases, and... By Shannon Bond in New York
August 7, 2014
Like a kid in a sweet shop (or a coffee snob in a Nespresso shop), Nestlé has been wondering how to spend its money. It
August 7, 2014
Issuance of European high-yield bonds marginally exceeded US high-yield for the first time in the year to June, as companies By Andrew Bolger
August 6, 2014
...Warner’s portfolio of cable channels, were the standout performers in the quarter. Turner’s broadcast of the NCAA basketball tournament attracted stronger demand from advertisers while The Big Bang Theory, which is produced by Time Warner’s Warner... By Matthew Garrahan in New York
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