Nike Boosts Dividend by 25 Percent
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Nike Inc.  boosted its quarterly dividend by 25 percent on Monday, citing strong cash flow and growth prospects as the world's biggest athletic shoe company has racked up record revenue and soaring profits the past few years.
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Nike Inc.  posted higher  fourth-quarter net profit on Tuesday, beating Wall Street  estimates and sending shares up 4 percent in extended trade, as  strong sales of Nike-branded footwear helped offset overall  challenges in the U.S. athletic shoe market.
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Global sportswear brand Nike has reassured market analysts with quarterly sales above expectations.
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BEAVERTON, Oregon  - Nike Inc. Chief Executive Mark Parker said on Tuesday worldwide revenue could rise 53 percent to $23 billion within five years, as it tries to foster more loyalty among customers to its iconic brand.
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Nike Inc.  posted higher fourth-quarter net profit on Tuesday, beating Wall Street estimates and sending shares up 4 percent in extended trade, as strong sales of Nike-branded footwear helped offset overall challenges in the U.S. athletic shoe market.
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OAK BROOK, Ill. -- McDonald&#39;s Corp. raised its annual dividend 38 percent to 55 cents from 40 cents, with the total payout worth nearly $690 million.
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Nike has reported that first quarter revenues increased 18% to $3.6bn (â¬3bn), against $3bn (â¬2.5bn) for the same period last year.
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Nike Inc., the world's No. 1 sport   shoe and apparel maker, on Thursday posted quarterly earnings   above Wall Street targets, boosting its shares nearly 6 percent   and easing some fears that pricey styles bearing its signature   swoosh were losing their luster.
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Raytheon Co. said it plans to increase its dividend and repurchase $700 million in shares. The Waltham-based aerospace and defense giant increased its annual dividend 10 percent to 88 cents a share from 80 cents, starting with the first quarter of 2005. Raytheon said its board also authorized $700 million in share repurchases, which it expects to complete over 18 ...
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Nike posted higher fourth-quarter net profit as strong sales of Nike-branded footwear helped offset overall challenges in the U.S. athletic shoe market.
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Malcolm Glazer, who held takeover talks with Manchester United Plc this month, raised his stake in the English soccer club to 25.3 percent from 19.
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NEW YORK (CBS.MW) -- Nike Inc. said late Thursday that strong domestic sales, coupled with increased demand from developing markets and a stronger euro, propelled robust second-quarter profit gains.
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Nike Inc. NKE.N, the world's  largest athletic shoe company, on Monday reported a 25 percent  rise in quarterly profit, beating analysts' estimates, on  strong demand for high-end running and basketball shoes in the  United States.
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Nike Inc. NKE.N on Monday  reported a 25 percent rise in quarterly profit, topping Wall  Street estimates, on strong sales of Converse sneakers and  high-priced athletic and basketball shoes such as the Air Zoom  and Street Miler.
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McDonald&#39;s Corp. (MCD.N: Quote, Profile, Research) on Tuesday raised its annual dividend 38 percent, a move the world&#39;s largest restaurant chain said is another sign of its revitalization.
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Texas Instruments Inc  said on Friday that its board had approved an additional $5 billion share buyback, and the company plans to raise its quarterly cash dividend by 25 percent.
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Nike Inc. NKE.N, the world's  largest athletic shoe company, on Monday reported higher  quarterly profit on strong demand for its namesake products in  the United States.